Scully Royalty Ltd. (NYSE:SRL) Short Interest Down 30.9% in November

Scully Royalty Ltd. (NYSE:SRL) was the target of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 6,500 shares, a decrease of 30.9% from the October 31st total of 9,400 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 9,600 shares, the short-interest ratio is currently 0.7 days.

Scully Royalty Stock Performance

Scully Royalty stock traded up $0.32 during midday trading on Friday, reaching $7.61. 6,091 shares of the stock were exchanged, compared to its average volume of 10,466. The company’s fifty day moving average is $7.87 and its 200-day moving average is $7.43. Scully Royalty has a 52 week low of $5.36 and a 52 week 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.