Region Group (OTCMKTS:SCPAF) Short Interest Down 54.7% in April

Region Group (OTCMKTS:SCPAF) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 183,295 shares, a drop of 54.7% from the April 15th total of 404,554 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ? days.

Region Group Stock Performance

SCPAF stock remained flat at $1.55 during trading on Friday. Region Group has a 12-month low of $1.40 and a 12-month high of $1.85. The business’s 50 day simple moving average is $1.48 and its 200 day simple moving average is $1.44.

Region Group Company Profile

Region Group (RGN) includes two internally managed real estate investment trusts owning a portfolio of convenience-based retail properties located across Australia. Region invests in retail properties predominantly anchored by non-discretionary retailers, with long leases to tenants such as Woolworths Limited, Coles Limited and companies in the Wesfarmers Limited group. Region Group comprises two registered managed investment schemes, Region Management Trust (ARSN 160 612 626) and Region Retail Trust (ARSN 160 612 788).