Short Interest in REA Group Limited (OTCMKTS:RPGRY) Rises By 100.0%

REA Group Limited (OTCMKTS:RPGRY) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 400 shares, a growth of 100.0% from the February 13th total of 200 shares. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is currently 0.1 days.

REA Group Stock Performance

RPGRY stock opened at $37.50 on Friday. REA Group has a 52-week low of $26.91 and a 52-week high of $47.26. The stock’s fifty day simple moving average is $40.81 and its 200-day simple moving average is $39.55.

REA Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 5th will be issued a dividend of $0.1724 per share. This is a boost from REA Group’s previous dividend of $0.13. The ex-dividend date is Wednesday, March 5th.

About REA Group

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.