Suncorp Metway Short Interest Rose Sharply in August

Aug.25.09 | About: Suncorp Group (SNMYF)

Suncorp Metway (OTC:SNMYF) has steadily increased in price in recent months, and last week completed the sale of A$ 1.5bn Residential Mortgage Backed Securities. The short base has risen sharply since early August, albeit from a low base; it currently stands at 1.5%.

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