Suncorp Group Limited (OTCMKTS:SNMCY – Get Free Report) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 173,073 shares, an increase of 630.2% from the April 15th total of 23,701 shares. Based on an average daily trading volume, of 340,171 shares, the short-interest ratio is presently 0.5 days.
Suncorp Group Stock Performance
Suncorp Group stock opened at $12.48 on Thursday. The business has a 50 day simple moving average of $11.52 and a 200 day simple moving average of $11.81. Suncorp Group has a one year low of $9.43 and a one year high of $15.25.
About Suncorp Group
Suncorp Group is a leading Australian financial services company headquartered in Brisbane, Queensland. The group offers a comprehensive range of insurance, banking and wealth management products to personal, small business and corporate clients. Operating across Australia and New Zealand, Suncorp serves its customers through a network of branches, digital platforms and partnerships with brokers and agents.
The company’s core insurance business provides general insurance cover for motor, home, commercial and specialty lines.
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