Scor SE (OTCMKTS:SCRYY) Sees Significant Decrease in Short Interest

Scor SE (OTCMKTS:SCRYY) saw a significant decrease in short interest in January. As of January 30th, there was short interest totaling 38,957 shares, a decrease of 44.1% from the January 15th total of 69,634 shares. Based on an average daily volume of 22,763 shares, the short-interest ratio is presently 1.7 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 22,763 shares, the short-interest ratio is presently 1.7 days.

Analyst Ratings Changes

Several research firms recently issued reports on SCRYY. The Goldman Sachs Group downgraded Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. BNP Paribas Exane upgraded shares of Scor from a “neutral” rating to an “outperform” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Scor has an average rating of “Moderate Buy”.

Scor Price Performance

Shares of OTCMKTS SCRYY opened at $3.38 on Friday. The company has a market cap of $6.07 billion, a price-to-earnings ratio of 6.26 and a beta of 0.58. The stock’s 50-day moving average is $3.30 and its two-hundred day moving average is $3.31. Scor has a 1-year low of $2.31 and a 1-year high of $3.73.

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.