Short Interest in REA Group Limited (OTCMKTS:RPGRY) Rises By 24,957.6%

REA Group Limited (OTCMKTS:RPGRY) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 39,591 shares, a growth of 24,957.6% from the February 12th total of 158 shares. Based on an average trading volume of 77,271 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 77,271 shares, the days-to-cover ratio is presently 0.5 days.

REA Group Trading Down 1.6%

RPGRY traded down $0.49 during midday trading on Tuesday, hitting $30.55. The company had a trading volume of 59,068 shares, compared to its average volume of 25,856. The firm’s 50-day simple moving average is $31.30 and its 200-day simple moving average is $34.25. REA Group has a twelve month low of $26.86 and a twelve month high of $55.54.

About REA Group

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.