Scor SE (OTCMKTS:SCRYY) Short Interest Down 86.8% in July

Key Points

• Short interest in Scor SE significantly declined by 86.8% in July, dropping from 21,200 shares on July 15th to only 2,800 shares by July 31st.
• Scor SE reported earnings of $0.14 EPS for the quarter, surpassing the consensus estimate of $0.11 and achieving a revenue of $5.35 billion.
• The company's stock price was $3.30 as of Thursday, with a market capitalization of $5.93 billion and a PE ratio of 10.00.

Scor SE (OTCMKTS:SCRYY - Get Free Report) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 2,800 shares, adropof86.8% from the July 15th total of 21,200 shares. Approximately0.0% of the company's stock are short sold. Based on an average daily volume of 23,200 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 23,200 shares, the days-to-cover ratio is currently 0.1 days. Approximately0.0% of the company's stock are short sold.

Scor Stock Up 0.1%

Shares of Scor stock traded up $0.01 during trading on Monday, reaching $3.36. The company's stock had a trading volume of 5,214 shares, compared to its average volume of 28,808. The company has a market cap of $6.03 billion, a price-to-earnings ratio of 10.18 and a beta of 0.82. Scor has a 1-year low of $1.98 and a 1-year high of $3.69. The company has a 50-day simple moving average of $3.34 and a two-hundred day simple moving average of $3.05.

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

About Scor

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.