Scor Se (OTCMKTS:SCRYY) Sees Large Growth in Short Interest

Scor Se (OTCMKTS:SCRYY) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 8,500 shares, an increase of 142.9% from the June 30th total of 3,500 shares. Based on an average daily trading volume, of 21,800 shares, the days-to-cover ratio is currently 0.4 days.

Scor Stock Up 2.2 %

Shares of SCRYY stock traded up $0.05 during trading hours on Friday, hitting $2.33. 3,679 shares of the company’s stock were exchanged, compared to its average volume of 31,383. The firm has a market cap of $4.18 billion, a P/E ratio of 5.42 and a beta of 1.30. The firm has a 50 day moving average of $2.69 and a two-hundred day moving average of $2.98. Scor has a fifty-two week low of $2.12 and a fifty-two week high of $3.53.

Scor (OTCMKTS:SCRYY) last issued its quarterly earnings results on Friday, May 17th. The financial services provider reported $0.12 EPS for the quarter. Scor had a return on equity of 14.83% and a net margin of 4.33%. The firm had revenue of $4.47 billion during the quarter. On average, equities analysts forecast that Scor will post 0.43 earnings per share for the current fiscal year.

Scor Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, May 20th were issued a $0.193 dividend. This is a boost from Scor’s previous dividend of $0.11. The ex-dividend date of this dividend was Friday, May 17th. Scor’s dividend payout ratio is presently 30.23%.

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.