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

REA Group Limited (OTCMKTS:RPGRY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 300 shares, a growth of 50.0% from the August 31st total of 200 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is presently 0.4 days.

REA Group Trading Up 4.5 %

RPGRY stock traded up $1.58 during midday trading on Friday, reaching $36.58. 491 shares of the company were exchanged, compared to its average volume of 651. The business has a 50-day moving average price of $35.26 and a two-hundred day moving average price of $32.74. REA Group has a one year low of $25.05 and a one year high of $40.08.

REA Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, August 30th were given a dividend of $0.1345 per share. The ex-dividend date of this dividend was Friday, August 30th. This is an increase from REA Group’s previous dividend of $0.11.

REA Group Company Profile

REA Group Limited engages in online property advertising business in Australia, India, and internationally. It provides property and property-related services on websites and mobile applications. The company operates residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, smartline.com.au, makaan.com, housing.com, PropTiger.com, realtor.com, Flatmates.com.au, property.com.au, simpology.com.au, campaignagent.com.au, proptrack.com.au, myfun.com, housing.com, propertygurugroup.com, realtor.com, spacely.com.au, rumah123.com, iproperty.com.sg, 99.co, and 1form.com.au.