Short Interest in Scout24 SE (OTCMKTS:SCOTF) Declines By 43.1%

Scout24 SE (OTCMKTS:SCOTF) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 134,900 shares, a decrease of 43.1% from the February 29th total of 237,200 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is currently 224.8 days.

Scout24 Stock Performance

OTCMKTS SCOTF remained flat at $72.99 during trading hours on Thursday. The business’s 50 day moving average price is $65.08 and its 200-day moving average price is $62.18. Scout24 has a one year low of $72.99 and a one year high of $72.99.

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.