Scor SE (OTCMKTS:SCRYY) Stock Short Interest Rises 194.3%

Scor SE (OTCMKTS:SCRYY) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 2,107 shares, an increase of 194.3% from the October 15th total of 716 shares. Based on an average trading volume of 3,876 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the shares of the company are short sold.

Scor Trading Up 5.1%

OTCMKTS:SCRYY traded up $0.20 on Friday, hitting $4.15. 211 shares of the stock were exchanged, compared to its average volume of 2,529. Scor has a fifty-two week low of $3.00 and a fifty-two week high of $4.17. The stock has a fifty day moving average of $3.83 and a 200-day moving average of $3.72. The stock has a market cap of $7.44 billion, a PE ratio of 7.83 and a beta of 0.50.

Scor (OTCMKTS:SCRYY) last posted its earnings results on Friday, October 30th. The financial services provider reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. The business had revenue of $4.21 billion for the quarter, compared to analyst estimates of $4.19 billion. Scor had a net margin of 5.41% and a return on equity of 18.99%. As a group, analysts predict that Scor will post 0.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, UBS Group cut Scor from a “hold” rating to a “sell” rating in a research report on Tuesday, August 18th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

About Scor

SCOR SE is a global reinsurer headquartered in Paris, France. It provides reinsurance and risk-management solutions to insurance companies, helping them manage and transfer risks associated with events such as natural disasters, accidents, illness and longer-term changes in mortality and longevity. The company’s main activities span Property & Casualty reinsurance and Life & Health reinsurance. Its offerings include coverage for property and casualty risks, as well as solutions related to life insurance, health and longevity.