Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

Consumer Cyclical Restaurants

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > Late day bump up

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Comment by BlueJay2020on Jun 25, 2021 9:49pm

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RE:Late day bump up

i have noticed the pattern but don't have an answer. Very low volume today. Don't know why anyone would short this stock at present!

Robsopinion wrote: Has anyone noticed that there is often a trade late in the day that seems to bump up the price before closing? It often triples the bid/ask spread. I wonder if someone is using this technique to ensure margin balances are covered? With the low volume this stock is ripe for short term manipulation.

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