Scully Royalty Ltd. (NYSE:SRL - Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,400 shares, a decrease of 60.0% from the February 28th total of 3,500 shares. Based on an average daily volume of 10,200 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company's shares are sold short.
Institutional Trading of Scully Royalty
An institutional investor recently bought a new position in Scully Royalty stock. SVB Wealth LLC purchased a new stake in shares of Scully Royalty Ltd. (NYSE:SRL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 22,455 shares of the financial services provider's stock, valued at approximately $208,000. SVB Wealth LLC owned 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 Trading Up 0.4 %
Shares of NYSE:SRL traded up $0.03 during midday trading on Friday, reaching $8.09. The company had a trading volume of 807 shares, compared to its average volume of 9,229. The company has a fifty day simple moving average of $7.90 and a two-hundred day simple moving average of $7.78. Scully Royalty has a 1-year low of $5.74 and a 1-year high of $9.99.
Scully Royalty Cuts Dividend
The company also recently disclosed a -- dividend, which was paid on Friday, February 21st. Investors of record on Friday, January 24th were paid a $0.26 dividend. The ex-dividend date was Friday, January 24th.
Scully Royalty Company Profile
(
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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.
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