Short Interest in Suncorp Group Limited (OTCMKTS:SNMCY) Increases By 30.8%
newscatcher
2023-08-13 22:39
Short Interest in Suncorp Group Limited (OTCMKTS:SNMCY) Increases By 30.8%
Suncorp Group Limited ( OTCMKTS:SNMCY – Get Free Report ) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 3,400 shares, an increase of 30.8% from the July 15th total of 2,600 shares. Based on an average daily trading volume, of 1,500 shares, the days-to-cover ratio is currently 2.3 days. Analyst Upgrades and Downgrades Separately, JPMorgan Chase & Co. upgraded shares of Suncorp Group from a 'neutral' rating to an 'overweight' rating in a research note on Wednesday, May 10th.

https://www.dailypolitical.com/2023/08/13/short-interest-in-suncorp-group-limited-otcmktssnmcy-increases-by-30-8.html

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