Scully Royalty Ltd. (NYSE:SRL) Sees Large Decrease in Short Interest

Posted by Dante Gardener on Mar 29th, 2025

Scully Royalty Ltd. (NYSE:SRL – Get Free Report) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,400 shares, a decrease of 60.0% from the February 28th total of 3,500 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 10,200 shares, the days-to-cover ratio is currently 0.1 days.

Scully Royalty Price Performance

Shares of Scully Royalty stock traded up $0.03 during trading on Friday, hitting $8.09. The stock had a trading volume of 807 shares, compared to its average volume of 9,229. Scully Royalty has a 12 month low of $5.74 and a 12 month high of $9.99. The firm’s fifty day simple moving average is $7.90 and its 200-day simple moving average is $7.78.

Scully Royalty Cuts Dividend

The firm also recently announced a — dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, January 24th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Friday, January 24th.

Institutional Investors Weigh In On Scully Royalty

An institutional investor recently bought a new position in Scully Royalty stock. SVB Wealth LLC bought a new stake in shares of Scully Royalty Ltd. (NYSE:SRL – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 quarter. 41.96% of the stock is currently owned by institutional investors.

About Scully Royalty

(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.