Scor SE (OTCMKTS:SCRYY) Shares Shorted: Short Interest Up 194.3% in October

Scor SE (OTCMKTS:SCRYY) was the target of a large 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 daily trading volume, of 3,876 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

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

Scor Trading Up 5.1%

Shares of SCRYY traded up $0.20 on Friday, reaching $4.15. The company’s stock had a trading volume of 211 shares, compared to its average volume of 2,529. Scor has a twelve month low of $3.00 and a twelve month high of $4.17. The stock has a market capitalization of $7.44 billion, a PE ratio of 7.83 and a beta of 0.50. The firm has a fifty day moving average of $3.83 and a 200-day moving average of $3.72.

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

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.