Scully Royalty Ltd. (NYSE:SRL) Short Interest Up 29.6% in February

Scully Royalty Ltd. (NYSE:SRLGet Free Report) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 3,500 shares, a growth of 29.6% from the February 13th total of 2,700 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 10,300 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Scully Royalty

An institutional investor recently raised its position in Scully Royalty stock. Nantahala Capital Management LLC grew its holdings in Scully Royalty Ltd. (NYSE:SRLFree Report) by 54.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 368,596 shares of the financial services provider’s stock after acquiring an additional 129,399 shares during the period. Nantahala Capital Management LLC owned about 2.49% of Scully Royalty worth $3,410,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 41.96% of the company’s stock.

Scully Royalty Trading Up 0.3 %

Scully Royalty stock opened at $7.89 on Wednesday. Scully Royalty has a fifty-two week low of $5.74 and a fifty-two week high of $9.99. The firm has a 50 day moving average price of $7.91 and a 200 day moving average price of $7.77.

Scully Royalty Cuts Dividend

The business also recently announced a — dividend, which was paid on Friday, February 21st. Investors of record on Friday, January 24th were issued a $0.26 dividend. The ex-dividend date was Friday, January 24th.

Scully Royalty Company Profile

(Get Free Report)

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.

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