Scully Royalty Ltd. (NYSE:SRL) Short Interest Up 657.1% in September

Scully Royalty Ltd. (NYSE:SRL) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 5,300 shares, an increase of 657.1% from the August 31st total of 700 shares. Based on an average trading volume of 10,800 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.

An institutional investor recently bought a new position in Scully Royalty stock. Heritage Investors Management Corp acquired a new position in Scully Royalty Ltd. (NYSE:SRL) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,771 shares of the financial services provider’s stock, valued at approximately $77,000. Heritage Investors Management Corp owned 0.09% of Scully Royalty at the end of the most recent reporting period. Hedge funds and other institutional investors own 30.71% of the company’s stock.

Scully Royalty stock opened at $5.15 on Monday. The stock’s fifty day moving average price is $7.32 and its two-hundred day moving average price is $7.60. Scully Royalty has a one year low of $4.80 and a one year high of $13.45. The company has a debt-to-equity ratio of 0.11, a quick ratio of 5.34 and a current ratio of 5.46.

Scully Royalty Company Profile

Scully Royalty Ltd. operates as a merchant banking company worldwide. The company operates through two segments, Merchant Banking and All Other. The Merchant Banking segment includes interest in an iron ore mine, captive supply assets and financial services, proprietary investing activities, and hydrocarbon interests.

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