Suncorp Group Limited (OTCMKTS:SNMYF) Short Interest Down 30.7% in December

Suncorp Group Limited (OTCMKTS:SNMYF) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 1,412,200 shares, a decline of 30.7% from the December 15th total of 2,038,100 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 14,122.0 days.

Suncorp Group Price Performance

Shares of OTCMKTS SNMYF remained flat at $10.84 during midday trading on Thursday. Suncorp Group has a 52-week low of $9.32 and a 52-week high of $13.59. The firm has a 50-day moving average price of $11.60 and a two-hundred day moving average price of $11.64.

Suncorp Group Company Profile

Suncorp Group Limited provides insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through Insurance (Australia), Suncorp Bank, and Suncorp New Zealand segments. The Insurance (Australia) segment provides general insurance products and services, including home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, and compulsory third-party products, as well as distributes life insurance products.