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Scor SE (OTCMKTS:SCRYY) Sees Significant Increase in Short Interest

Scor logo with Finance background

Scor SE (OTCMKTS:SCRYY - Get Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 21,200 shares, agrowthof79.7% from the June 30th total of 11,800 shares. Based on an average trading volume of 9,700 shares, the days-to-cover ratio is currently 2.2 days. Based on an average trading volume of 9,700 shares, the days-to-cover ratio is currently 2.2 days.

Scor Stock Down 2.3%

Shares of OTCMKTS:SCRYY opened at $3.22 on Wednesday. Scor has a 52-week low of $1.88 and a 52-week high of $3.69. The company has a 50 day moving average of $3.34 and a two-hundred day moving average of $3.00. The company has a market capitalization of $5.78 billion, a price-to-earnings ratio of 9.76 and a beta of 0.82.

Scor (OTCMKTS:SCRYY - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.03. Scor had a net margin of 3.41% and a return on equity of 11.92%. The company had revenue of $5.35 billion during the quarter, compared to the consensus estimate of $5.27 billion. On average, equities analysts anticipate that Scor will post -0.01 earnings per share for the current year.

About Scor

(Get Free Report)

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.

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