Short Interest in Scor SE (OTCMKTS:SCRYY) Grows By 158.0%

Scor SE (OTCMKTS:SCRYY) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 534 shares, an increase of 158.0% from the November 30th total of 207 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 26,268 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 26,268 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

A number of research firms recently commented on SCRYY. Morgan Stanley reaffirmed an “overweight” rating on shares of Scor in a report on Monday, October 13th. Zacks Research upgraded Scor from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Scor in a research note on Tuesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Scor Price Performance

Shares of SCRYY stock remained flat at $3.40 during trading hours on Friday. The stock had a trading volume of 3 shares, compared to its average volume of 11,401. The stock has a 50-day simple moving average of $3.22 and a two-hundred day simple moving average of $3.32. The firm has a market cap of $6.11 billion, a P/E ratio of 6.30 and a beta of 0.58. Scor has a 1-year low of $2.29 and a 1-year high of $3.73.

Scor (OTCMKTS:SCRYY) last announced its earnings results on Friday, October 31st. The financial services provider reported $0.14 EPS for the quarter, meeting analysts’ consensus estimates of $0.14. The company had revenue of $4.34 billion during the quarter, compared to analysts’ expectations of $3.75 billion. Scor had a return on equity of 20.01% and a net margin of 5.63%. As a group, analysts anticipate that Scor will post -0.01 earnings per share for the current fiscal year.

Scor Company Profile

SCOR SE, trading over-the-counter as SCRYY, is a leading global reinsurer headquartered in Paris, France. Founded in 1970, the company specializes in providing property & casualty and life & health reinsurance solutions to insurance companies worldwide. By pooling and diversifying risk, SCOR enables its clients to underwrite larger exposures, stabilize loss experience and safeguard their balance sheets against extreme events.

The company’s main business activities encompass risk underwriting, claims management and portfolio solutions designed to address evolving market needs.