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

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

Scout24 Price Performance

Shares of Scout24 stock opened at $80.00 on Monday. The business has a fifty day simple moving average of $78.08 and a two-hundred day simple moving average of $75.44. Scout24 has a 12 month low of $75.24 and a 12 month high of $80.00.

About Scout24

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.