Scully Royalty Ltd. (NYSE:SRL - Get Free Report) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 1,700 shares, a growth 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 daily volume of 6,100 shares, the short-interest ratio is currently 0.3 days.
Hedge Funds Weigh In On Scully Royalty
An institutional investor recently raised its position in Scully Royalty stock. Nantahala Capital Management LLC raised its holdings in shares of Scully Royalty Ltd. (NYSE:SRL - Free Report) by 54.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 368,596 shares of the financial services provider's stock after purchasing an additional 129,399 shares during the period. Nantahala Capital Management LLC owned 2.49% of Scully Royalty worth $3,410,000 at the end of the most recent reporting period. Institutional investors own 41.96% of the company's stock.
Scully Royalty Trading Down 1.0 %
NYSE:SRL traded down $0.08 during midday trading on Wednesday, reaching $7.57. 1,907 shares of the stock traded hands, compared to its average volume of 9,113. The company has a fifty day moving average of $7.87 and a 200 day moving average of $7.77. Scully Royalty has a 12 month low of $5.74 and a 12 month high of $9.99.
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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