Short Interest in Scor Se (OTCMKTS:SCRYY) Decreases By 84.0%

Scor Se (OTCMKTS:SCRYY) was the recipient of a large drop in short interest in November. As of November 30th, there was short interest totalling 14,500 shares, a drop of 84.0% from the November 15th total of 90,700 shares. Based on an average trading volume of 59,300 shares, the days-to-cover ratio is presently 0.2 days.

Scor Price Performance

Shares of SCRYY traded down $0.02 during mid-day trading on Wednesday, reaching $2.54. 56,546 shares of the company’s stock were exchanged, compared to its average volume of 28,089. The business’s fifty day simple moving average is $2.32 and its 200-day simple moving average is $2.35. The stock has a market capitalization of $4.55 billion, a PE ratio of -63.38 and a beta of 1.34. Scor has a 52-week low of $1.82 and a 52-week high of $3.53.

Wall Street Analyst Weigh In

Several research firms have issued reports on SCRYY. Keefe, Bruyette & Woods upgraded shares of Scor from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, November 19th. Berenberg Bank raised Scor to a “strong-buy” rating in a research report on Friday, October 4th.

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.