REA Group Limited (OTCMKTS:RPGRY) Short Interest Update

REA Group Limited (OTCMKTS:RPGRY) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a decrease of 25.0% from the February 28th total of 400 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 0.3 days.

REA Group Stock Down 1.8 %

Shares of OTCMKTS:RPGRY traded down $0.65 on Tuesday, hitting $34.66. 1,470 shares of the company’s stock were exchanged, compared to its average volume of 969. The business’s 50 day simple moving average is $40.35 and its two-hundred day simple moving average is $39.65. REA Group has a 12 month low of $26.91 and a 12 month high of $47.26.

REA Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 5th will be paid a $0.1724 dividend. This is a positive change from REA Group’s previous dividend of $0.13. The ex-dividend date of this dividend is Wednesday, March 5th.

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.