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

Scully Royalty Ltd. (NYSE:SRL) was the recipient of a large drop in short interest in 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. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,900 shares, the short-interest ratio is currently 0.5 days.

Scully Royalty Price Performance

Shares of Scully Royalty stock traded down $0.01 during trading hours on Friday, reaching $6.99. 7,217 shares of the company’s stock were exchanged, compared to its average volume of 10,335. Scully Royalty has a 1 year low of $5.69 and a 1 year high of $8.59. The business has a fifty day moving average of $7.74 and a two-hundred day moving average of $7.52.

Scully Royalty Company Profile

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.