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

Scully Royalty Ltd. (NYSE:SRL) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 11,200 shares, an increase of 166.7% from the July 15th total of 4,200 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 8,800 shares, the days-to-cover ratio is presently 1.3 days.

Scully Royalty Trading Down 1.0 %

SRL stock traded down $0.08 during mid-day trading on Tuesday, reaching $7.82. The company had a trading volume of 12,870 shares, compared to its average volume of 10,654. The firm has a 50 day moving average of $7.16 and a 200 day moving average of $6.91. Scully Royalty has a 12 month low of $3.71 and a 12 month high of $8.23. The company has a debt-to-equity ratio of 0.13, a current ratio of 8.00 and a quick ratio of 7.94.

About Scully Royalty

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.