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

REA Group Limited (OTCMKTS:RPGRY) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 39,591 shares, an increase 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 Price Performance

Shares of OTCMKTS RPGRY opened at $31.49 on Thursday. The stock’s 50-day simple moving average is $31.32 and its 200-day simple moving average is $34.07. REA Group has a fifty-two week low of $26.86 and a fifty-two week high of $55.54.

REA Group Company Profile

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.