comScore, Inc. (NASDAQ:SCOR) Short Interest Down 53.8% in June

comScore, Inc. (NASDAQ:SCOR) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 9,941 shares, a drop of 53.8% from the June 15th total of 21,522 shares. Based on an average daily volume of 61,763 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SCOR. Citadel Advisors LLC acquired a new stake in comScore during the third quarter worth $96,000. Susquehanna International Group LLP grew its holdings in shares of comScore by 15.3% during the 3rd quarter. Susquehanna International Group LLP now owns 39,064 shares of the company’s stock worth $341,000 after purchasing an additional 5,191 shares during the period. Beartown Capital Management LLC purchased a new position in shares of comScore during the 4th quarter worth $820,000. Westerly Capital Management LLC grew its holdings in shares of comScore by 1.3% during the 2nd quarter. Westerly Capital Management LLC now owns 400,000 shares of the company’s stock worth $1,928,000 after purchasing an additional 5,000 shares during the period. Finally, Cerberus Capital Management L.P. increased its position in shares of comScore by 2,997.5% during the 4th quarter. Cerberus Capital Management L.P. now owns 3,396,479 shares of the company’s stock worth $22,077,000 after purchasing an additional 3,286,825 shares during the last quarter. 42.15% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on SCOR. Craig Hallum restated a “buy” rating on shares of comScore in a research report on Wednesday, March 18th. Weiss Ratings restated a “sell (d-)” rating on shares of comScore in a report on Wednesday, June 24th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

comScore Trading Up 0.4%

SCOR stock traded up $0.03 during trading on Thursday, reaching $7.45. 13,374 shares of the stock were exchanged, compared to its average volume of 26,995. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $112.45 million, a price-to-earnings ratio of 3.18 and a beta of 1.08. The business has a 50 day moving average price of $7.23 and a 200-day moving average price of $7.38. comScore has a 1 year low of $4.81 and a 1 year high of $10.18.

About comScore

comScore, Inc is a global media measurement and analytics company that specializes in delivering insights into consumer behavior across digital, television and theatrical platforms. Founded in 1999 and headquartered in Reston, Virginia, comScore provides data-driven solutions designed to help media companies, advertisers and agencies understand audience engagement and optimize marketing strategies. The company’s analytics offerings enable clients to measure the reach and impact of online content, mobile applications, streaming video, and traditional broadcast media with a unified data view.

The company’s product suite includes Digital Analytix for website and app analytics, Media Metrix for audience measurement, Advertising Analytics for campaign performance tracking, Video Metrix for streaming and online video insights, and theatrical measurement services for box office analytics.