REA Group Limited (OTCMKTS:RPGRY) Short Interest Update

REA Group Limited (OTCMKTS:RPGRY) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 42,375 shares, a growth of 4,608.3% from the June 15th total of 900 shares. Based on an average daily trading volume, of 342,570 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Zacks Research raised REA Group to a “hold” rating in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

REA Group Price Performance

Shares of RPGRY traded up $0.18 during trading hours on Friday, hitting $25.99. The stock had a trading volume of 73,854 shares, compared to its average volume of 75,448. The firm has a market capitalization of $13.60 billion and a PE ratio of 96.89. REA Group has a 12 month low of $22.41 and a 12 month high of $55.54. The stock has a fifty day moving average price of $26.99 and a 200 day moving average price of $29.16.

REA Group Company Profile

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.