Scor SE (OTCMKTS:SCRYY) Short Interest Up 72.2% in June

Scor SE (OTCMKTS:SCRYY) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 14,705 shares, an increase of 72.2% from the May 31st total of 8,541 shares. Based on an average daily volume of 11,526 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.0% of the shares of the company are short sold.

Scor Price Performance

SCRYY stock opened at $3.78 on Friday. The company’s 50 day simple moving average is $3.69 and its 200-day simple moving average is $3.52. Scor has a 12 month low of $2.95 and a 12 month high of $4.04. The firm has a market capitalization of $6.78 billion, a PE ratio of 6.63 and a beta of 0.59.

Scor (OTCMKTS:SCRYY) last released its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. Scor had a return on equity of 20.83% and a net margin of 5.79%.The company had revenue of $4.49 billion during the quarter, compared to analysts’ expectations of $4.58 billion. As a group, sell-side analysts anticipate that Scor will post 0.49 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on SCRYY. Citigroup reissued a “buy” rating on shares of Scor in a research note on Thursday, May 7th. BNP Paribas Exane cut shares of Scor from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 17th. Morgan Stanley reaffirmed an “overweight” rating on shares of Scor in a research note on Thursday, May 7th. Finally, Zacks Research downgraded shares of Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

About Scor

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.