Short Interest in Scor Se (OTCMKTS:SCRYY) Declines By 98.0%

Scor Se (OTCMKTS:SCRYY) was the target of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 400 shares, a drop of 98.0% from the October 15th total of 20,500 shares. Based on an average trading volume of 80,800 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded Scor to a “strong-buy” rating in a report on Friday, October 4th.

Scor Price Performance

SCRYY stock traded up $0.22 during midday trading on Thursday, hitting $2.38. The company’s stock had a trading volume of 347,881 shares, compared to its average volume of 25,664. Scor has a twelve month low of $1.82 and a twelve month high of $3.53. The stock has a market capitalization of $4.27 billion, a P/E ratio of 19.83 and a beta of 1.30. The company’s fifty day moving average price is $2.18 and its 200 day moving average price is $2.45.

Scor Company Profile

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.