Scor SE (OTCMKTS:SCRYY) Short Interest Up 3,653.6% in December

Scor SE (OTCMKTS:SCRYY) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 20,044 shares, a growth of 3,653.6% from the December 15th total of 534 shares. Based on an average daily volume of 23,140 shares, the short-interest ratio is currently 0.9 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 23,140 shares, the short-interest ratio is currently 0.9 days.

Scor Stock Performance

SCRYY traded down $0.09 on Monday, hitting $3.31. 8,755 shares of the company were exchanged, compared to its average volume of 15,789. The stock’s fifty day moving average is $3.21 and its 200-day moving average is $3.32. Scor has a 12 month low of $2.31 and a 12 month high of $3.73. The company has a market cap of $5.94 billion, a PE ratio of 6.13 and a beta of 0.59.

Scor (OTCMKTS:SCRYY) last posted its quarterly earnings results on Friday, October 31st. The financial services provider reported $0.14 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.14. The firm had revenue of $4.34 billion during the quarter, compared to the consensus estimate of $3.75 billion. Scor had a return on equity of 20.01% and a net margin of 5.63%. As a group, equities research analysts expect that Scor will post -0.01 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. BNP Paribas raised Scor from a “neutral” rating to an “outperform” rating in a research note on Monday. Morgan Stanley reissued an “overweight” rating on shares of Scor in a research report on Monday, October 13th. Zacks Research upgraded shares of Scor from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Scor in a research note on Tuesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

Scor Company Profile

SCOR SE, trading over-the-counter as SCRYY, is a leading global reinsurer headquartered in Paris, France. Founded in 1970, the company specializes in providing property & casualty and life & health reinsurance solutions to insurance companies worldwide. By pooling and diversifying risk, SCOR enables its clients to underwrite larger exposures, stabilize loss experience and safeguard their balance sheets against extreme events.

The company’s main business activities encompass risk underwriting, claims management and portfolio solutions designed to address evolving market needs.