Scor Se (OTCMKTS:SCRYY) Short Interest Up 93.5% in May

Scor Se (OTCMKTS:SCRYY - Get Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totalling 14,900 shares, an increase of 93.5% from the April 30th total of 7,700 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 12,300 shares, the short-interest ratio is presently 1.2 days.

Scor Price Performance

Shares of Scor stock traded down $0.04 during trading on Wednesday, hitting $3.25. 3,232 shares of the stock were exchanged, compared to its average volume of 39,738. The stock has a market cap of $5.84 billion, a price-to-earnings ratio of -81.25 and a beta of 0.75. The firm's 50-day moving average price is $3.00 and its 200 day moving average price is $2.73. Scor has a 12-month low of $1.82 and a 12-month high of $3.40.

Scor (OTCMKTS:SCRYY - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.04. Scor had a negative net margin of 0.42% and a negative return on equity of 1.46%. The business had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $4.69 billion. As a group, research analysts forecast that Scor will post -0.01 earnings per share for the current year.

Scor Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, May 21st. Shareholders of record on Friday, May 2nd were given a $0.1375 dividend. The ex-dividend date was Thursday, May 1st. This represents a dividend yield of 4.32%. Scor's dividend payout ratio is currently -325.00%.

Wall Street Analyst Weigh In

SCRYY has been the subject of a number of recent research reports. UBS Group lowered Scor from a "strong-buy" rating to a "hold" rating in a report on Monday, March 31st. The Goldman Sachs Group upgraded Scor to a "strong-buy" rating in a research note on Monday, March 24th. Finally, Royal Bank of Canada restated an "outperform" rating on shares of Scor in a research note on Thursday, March 6th. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy".

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.