Scout24 SE (OTCMKTS:SCOTF) Sees Significant Decrease in Short Interest

Scout24 SE (OTCMKTS:SCOTF) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 29,600 shares, a decrease of 32.7% from the December 31st total of 44,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Scout24 Stock Performance

Shares of Scout24 stock opened at $80.00 on Friday. Scout24 has a twelve month low of $75.24 and a twelve month high of $80.00. The business has a 50-day moving average price of $80.00 and a 200-day moving average price of $79.39.

About Scout24

Scout24 SE operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally. The company offers Realtor Lead Engine and Immoverkauf24 products for selling real estate; Mortgage Lead Engine, a mortgage financing product under the pay-per-lead model; mortgage and real estate financing advisory services; FLOWFACT and Propstack, which are CRM software solutions for real estate agents; and TenantPlus that provides rental properties.