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

Scully Royalty Ltd. (NYSE:SRL) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totalling 11,200 shares, a growth 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 shares of the company are short sold.

Scully Royalty Price Performance

Scully Royalty stock traded down $0.09 during mid-day trading on Thursday, reaching $8.01. 7,088 shares of the stock traded hands, compared to its average volume of 10,868. The company has a quick ratio of 7.94, a current ratio of 8.00 and a debt-to-equity ratio of 0.13. The business’s 50-day moving average is $7.21 and its 200-day moving average is $6.92. Scully Royalty has a 12-month low of $3.71 and a 12-month high of $8.59.

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.