REA Group Limited (OTCMKTS:RPGRY) Sees Large Growth in Short Interest

REA Group Limited (OTCMKTS:RPGRYGet Free Report) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 5,105 shares, a growth of 589.9% from the April 15th total of 740 shares. Based on an average daily trading volume, of 159,933 shares, the days-to-cover ratio is presently 0.0 days.

REA Group Price Performance

RPGRY traded down $0.01 during mid-day trading on Thursday, reaching $31.26. 94,613 shares of the stock were exchanged, compared to its average volume of 49,529. REA Group has a 1 year low of $25.68 and a 1 year high of $55.54. The company has a 50 day moving average price of $29.49 and a two-hundred day moving average price of $31.10.

REA Group Company Profile

(Get Free Report)

REA Group is a leading digital advertising company focused on the real estate sector, operating a portfolio of online platforms that connect property buyers, sellers and renters with agent and developer listings. Its flagship site, realestate.com.au, is one of Australia’s largest property portals, offering residential, commercial and rental listings alongside associated market data, news and analysis tools.

Since its inception in 1995, REA Group has expanded globally through the acquisition of or investment in digital property sites and related businesses across Asia, Europe and North America.

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