Tue Sep 17 07:08:55 UTC 2024: ## Short Interest in Scout24 SE Drops Significantly in August

**BERLIN, GERMANY – September 17, 2024** – Scout24 SE (OTCMKTS:SCOTF), a leading online marketplace platform, saw a substantial decrease in short interest during August, according to MarketBeat News. As of August 31st, the number of shares sold short stood at 55,800, representing a 21.1% decline from the August 15th figure of 70,700 shares.

This decline suggests a potential shift in investor sentiment towards Scout24, with fewer market participants betting on a decrease in the stock’s price. The days-to-cover ratio, which measures the time required to cover all short positions with the current daily trading volume, currently stands at 111.6 days.

Shares of Scout24 opened at $80.00 on Tuesday, September 17th, with a 50-day simple moving average of $78.10 and a 200-day simple moving average of $75.58. The company’s stock has traded within a 12-month range of $75.24 to $80.00.

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