REA Group Limited (OTCMKTS:RPGRF) Sees Significant Increase in Short Interest

REA Group Limited (OTCMKTS:RPGRF) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 178,738 shares, a growth of 74.3% from the July 30th total of 102,533 shares. Based on an average trading volume of 183 shares, the days-to-cover ratio is presently 976.7 days.

REA Group Stock Performance

OTCMKTS:RPGRF opened at $124.45 on Wednesday. The firm has a fifty day simple moving average of $124.45 and a 200-day simple moving average of $124.45.

About REA Group

REA Group Limited engages in online property advertising business in Australia, Asia, and North America. It offers property and property-related services on websites and mobile apps. The company operates residential, commercial, share, and co-working property sites, such as realestate.com.au, realcommercial.com.au, spacely.com.au, Flatmates.com.au, iproperty.com.my, smartline.com.au, hometrack.com.au, 1form.com, rumah123.com, iproperty.com.sg, squarefoot.com.hk, ThinkgOfLiving.com, myfun.com, smartexpos.com, makaan.com, housing.com, PropTiger.com, move.com, realtor.com, and 99.co.