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

Posted by Anthony Miller on Mar 18th, 2025

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

Scully Royalty Stock Performance

Shares of Scully Royalty stock traded up $0.03 on Tuesday, hitting $7.89. The stock had a trading volume of 856 shares, compared to its average volume of 9,077. The stock has a 50 day moving average of $7.92 and a 200 day moving average of $7.77. Scully Royalty has a twelve month low of $5.74 and a twelve month high of $9.99.

Scully Royalty Cuts Dividend

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Scully Royalty stock. Nantahala Capital Management LLC raised its position in shares of Scully Royalty Ltd. (NYSE:SRL – Free Report) by 54.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 368,596 shares of the financial services provider’s stock after purchasing an additional 129,399 shares during the quarter. Nantahala Capital Management LLC owned approximately 2.49% of Scully Royalty worth $3,410,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 41.96% of the company’s stock.

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.