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

Scully Royalty Ltd. (NYSE:SRL) saw a significant increase in short interest in 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. Based on an average daily volume of 8,800 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.1% of the company’s stock are short sold.

Scully Royalty Price Performance

Scully Royalty stock traded down $0.08 during midday trading on Tuesday, hitting $7.82. 12,870 shares of the company were exchanged, compared to its average volume of 10,654. The company has a debt-to-equity ratio of 0.13, a quick ratio of 7.94 and a current ratio of 8.00. Scully Royalty has a fifty-two week low of $3.71 and a fifty-two week high of $8.23. The company’s fifty day moving average price is $7.16 and its 200-day moving average price is $6.91.

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.