Scully Royalty Ltd. (NYSE:SRL) Short Interest Update

Scully Royalty Ltd. (NYSE:SRL) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 1,700 shares, an increase of 21.4% from the March 15th total of 1,400 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 6,100 shares, the short-interest ratio is currently 0.3 days.

Scully Royalty Stock Performance

SRL opened at $7.50 on Tuesday. Scully Royalty has a 1 year low of $5.51 and a 1 year high of $9.99. The stock’s 50 day simple moving average is $7.87 and its 200 day simple moving average is $7.77.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Scully Royalty stock. SVB Wealth LLC acquired a new stake in shares of Scully Royalty Ltd. (NYSE:SRL) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,455 shares of the financial services provider’s stock, valued at approximately $208,000. SVB Wealth LLC owned about 0.15% of Scully Royalty at the end of the most recent quarter. Institutional investors own 41.96% of the company’s stock.

Scully Royalty Company Profile

Scully Royalty Ltd. operates as an iron ore mining company in the Americas, Africa, Canada, Asia, and Europe. It operates through three segments: Royalty, Industrial, and Merchant Banking. The company holds royalty interest in the Scully iron ore mine located in the Province of Newfoundland and Labrador, Canada.