Short Interest in Scout24 SE (OTCMKTS:SCOTF) Declines By 21.1%

Scout24 SE (OTCMKTS:SCOTF) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totalling 55,800 shares, a decline of 21.1% from the August 15th total of 70,700 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 111.6 days.

Scout24 Stock Performance

Shares of OTCMKTS SCOTF opened at $80.00 on Tuesday. The stock’s 50-day simple moving average is $78.10 and its two-hundred day simple moving average is $75.58. Scout24 has a twelve month low of $75.24 and a twelve month high of $80.00.

Scout24 Company Profile

Scout24 SE operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally. The company offers Realtor Lead Engine and Immoverkauf24 products for selling real estate; Mortgage Lead Engine, a mortgage financing product under the pay-per-lead model; mortgage and real estate financing advisory services; FLOWFACT and Propstack, which are CRM software solutions for real estate agents; and TenantPlus that provides rental properties.