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

Scully Royalty Ltd. (NYSE:SRL) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 1,457 shares, a decrease of 63.2% from the February 26th total of 3,960 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 22,029 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 22,029 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Trading of Scully Royalty

An institutional investor recently bought a new position in Scully Royalty stock. Barclays PLC purchased a new position in shares of Scully Royalty Ltd. (NYSE:SRL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 29,100 shares of the financial services provider’s stock, valued at approximately $249,000. Barclays PLC owned about 0.20% of Scully Royalty as of its most recent SEC filing. 41.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SRL has been the subject of a number of recent analyst reports. Wall Street Zen raised Scully Royalty to a “hold” rating in a report on Saturday, March 7th. Weiss Ratings reissued a “sell (d)” rating on shares of Scully Royalty in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Scully Royalty presently has an average rating of “Sell”.

Scully Royalty Trading Down 0.1%

Shares of Scully Royalty stock opened at $7.71 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 5.10 and a current ratio of 5.10. The company has a fifty day simple moving average of $8.83 and a 200-day simple moving average of $7.12. Scully Royalty has a 12-month low of $5.13 and a 12-month high of $10.39.

Scully Royalty (NYSE:SRL) last announced its quarterly earnings results on Wednesday, December 31st. The financial services provider reported ($0.05) EPS for the quarter. The company had revenue of $6.82 million for the quarter.

Scully Royalty Company Profile

Scully Royalty Ltd. is a mineral royalty company that acquires, owns and manages a diversified portfolio of oil and gas royalty and overriding royalty interests in key onshore producing regions of the United States. As a royalty owner, the company receives a percentage of production revenue from its assets without assuming the operational and capital expenditure burdens associated with exploration and development.

The company’s portfolio spans multiple established hydrocarbon basins, including conventional and unconventional plays.