Scor Se (OTCMKTS:SCRYY) Sees Large Drop in Short Interest

Scor Se (OTCMKTS:SCRYY) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 7,300 shares, a decrease of 49.7% from the November 30th total of 14,500 shares. Based on an average daily trading volume, of 140,200 shares, the short-interest ratio is currently 0.1 days.

Scor Stock Performance

OTCMKTS:SCRYY traded down $0.16 during mid-day trading on Friday, reaching $2.44. 19,591 shares of the company’s stock were exchanged, compared to its average volume of 27,538. Scor has a one year low of $1.82 and a one year high of $3.53. The firm has a market capitalization of $4.38 billion, a PE ratio of -61.00 and a beta of 1.34. The business’s fifty day simple moving average is $2.37 and its two-hundred day simple moving average is $2.32.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Berenberg Bank raised Scor to a “strong-buy” rating in a research report on Friday, October 4th. Keefe, Bruyette & Woods upgraded Scor from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, November 19th.

Scor Company Profile

SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates in two segments, SCOR P&C and SCOR L&H. The SCOR P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and property catastrophes; specialties insurance products, including business solutions, political and credit risks, cyber, and environmental liability; and business ventures and partnerships.