Short Interest in Scully Royalty Ltd. (NYSE:SRL) Increases By 21.4%

Scully Royalty Ltd. (NYSE:SRL - Get Free Report) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,700 shares, a growth of 21.4% from the March 15th total of 1,400 shares. Based on an average daily volume of 6,100 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of Scully Royalty

A hedge fund recently bought a new stake in Scully Royalty stock. SVB Wealth LLC acquired a new stake in shares of Scully Royalty Ltd. (NYSE:SRL - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 22,455 shares of the financial services provider's stock, valued at approximately $208,000. SVB Wealth LLC owned about 0.15% of Scully Royalty at the end of the most recent reporting period. Hedge funds and other institutional investors own 41.96% of the company's stock.

Scully Royalty Trading Up 1.5 %

Scully Royalty stock traded up $0.12 during mid-day trading on Friday, hitting $7.68. The stock had a trading volume of 229 shares, compared to its average volume of 9,108. The firm's 50 day moving average is $7.85 and its 200 day moving average is $7.77. Scully Royalty has a one year low of $5.74 and a one year high of $9.99.

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.