Scully Royalty Ltd. (NYSE:SRL) Sees Significant Decline in Short Interest

Scully Royalty Ltd. (NYSE:SRL) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 4,700 shares, a drop of 27.7% from the November 15th total of 6,500 shares. Based on an average trading volume of 8,900 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the shares of the company are sold short.

Scully Royalty Stock Down 0.1 %

Shares of SRL traded down $0.01 during mid-day trading on Friday, hitting $6.99. The company’s stock had a trading volume of 7,217 shares, compared to its average volume of 10,335. The firm has a 50-day simple moving average of $7.74 and a 200 day simple moving average of $7.52. Scully Royalty has a 1-year low of $5.69 and a 1-year high of $8.59.

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.