Scout24 SE (OTCMKTS:SCOTF – Get Free Report) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 21,375 shares, a decrease of 74.7% from the April 15th total of 84,365 shares. Based on an average trading volume of 1,110 shares, the days-to-cover ratio is presently 19.3 days.
Analyst Upgrades and Downgrades
Separately, UBS Group raised Scout24 to a “buy” rating in a research report on Monday, February 9th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Scout24 has an average rating of “Buy”.
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Scout24 Price Performance
Scout24 Company Profile
Scout24 AG is a Germany-based operator of digital marketplaces specializing in real estate and automotive sectors. Headquartered in Munich, the company’s flagship platforms include ImmobilienScout24, a leading online property portal in Germany and Austria, and AutoScout24, one of Europe’s largest online marketplaces for new and used vehicles. These platforms connect private individuals, brokers and dealers with prospective buyers through searchable listings, digital marketing tools and ancillary services such as valuation modules and financing calculators.
Founded in 1998 as ImmobilienScout GmbH and rebranded to Scout24 AG in 2004, the company has expanded its footprint to serve multiple European markets.
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