Scully Royalty Ltd. (NYSE:SRL - Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 300 shares, a decrease of 88.0% from the May 15th total of 2,500 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 4,300 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Investors Weigh In On Scully Royalty
A hedge fund recently bought a new stake in Scully Royalty stock. SVB Wealth LLC bought a new stake in Scully Royalty Ltd. (NYSE:SRL - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 22,455 shares of the financial services provider's stock, valued at approximately $208,000. SVB Wealth LLC owned 0.15% of Scully Royalty at the end of the most recent reporting period. Institutional investors own 41.96% of the company's stock.
Scully Royalty Stock Performance
Shares of SRL stock traded down $0.06 during trading hours on Friday, hitting $6.21. 2,897 shares of the company were exchanged, compared to its average volume of 9,005. Scully Royalty has a fifty-two week low of $6.12 and a fifty-two week high of $9.99. The company has a 50 day simple moving average of $7.19 and a two-hundred day simple moving average of $7.56.
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.
Further Reading
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