Short Interest in REA Group Limited (OTCMKTS:RPGRY) Rises By 141.0%

REA Group Limited (OTCMKTS:RPGRY) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,191 shares, an increase of 141.0% from the December 31st total of 909 shares. Based on an average daily volume of 10,921 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 10,921 shares, the days-to-cover ratio is presently 0.2 days.

REA Group Stock Down 3.6%

Shares of REA Group stock opened at $33.75 on Friday. REA Group has a twelve month low of $27.45 and a twelve month high of $55.54. The company has a fifty day moving average price of $31.85 and a 200 day moving average price of $36.25.

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.