REA Group Limited (OTCMKTS:RPGRY) Sees Significant Drop in Short Interest

REA Group Limited (OTCMKTS:RPGRY) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 158 shares, a decline of 95.1% from the January 29th total of 3,202 shares. Based on an average daily trading volume, of 16,784 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 16,784 shares, the short-interest ratio is presently 0.0 days.

REA Group Stock Up 5.1%

Shares of RPGRY stock traded up $1.43 during trading on Friday, hitting $29.49. 31,063 shares of the stock traded hands, compared to its average volume of 15,683. REA Group has a 52-week low of $26.86 and a 52-week high of $55.54. The firm’s fifty day moving average price is $31.40 and its 200-day moving average price is $35.07.

About REA Group

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.