Scor SE (OTCMKTS:SCRYY) Sees Large Decrease in Short Interest

Scor SE (OTCMKTS:SCRYY) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 38,957 shares, a decline of 44.1% from the January 15th total of 69,634 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 22,763 shares, the short-interest ratio is currently 1.7 days. Based on an average daily volume of 22,763 shares, the short-interest ratio is currently 1.7 days. Approximately 0.0% of the shares of the stock are sold short.

Scor Stock Performance

Shares of SCRYY traded down $0.12 during trading hours on Friday, hitting $3.38. The stock had a trading volume of 616 shares, compared to its average volume of 13,013. Scor has a 12-month low of $2.31 and a 12-month high of $3.73. The firm has a market cap of $6.07 billion, a P/E ratio of 6.26 and a beta of 0.58. The company’s fifty day simple moving average is $3.29 and its 200 day simple moving average is $3.31.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. BNP Paribas Exane upgraded Scor from a “neutral” rating to an “outperform” rating in a research report on Monday, January 12th. The Goldman Sachs Group cut shares of Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 21st. Finally, Zacks Research upgraded shares of Scor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

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.