Short Interest in REA Group Limited (OTCMKTS:RPGRY) Decreases By 43.6%

REA Group Limited (OTCMKTS:RPGRY) saw a large decrease in short interest in March. As of March 13th, there was short interest totaling 22,321 shares, a decrease of 43.6% from the February 26th total of 39,591 shares. Based on an average daily volume of 151,413 shares, the short-interest ratio is currently 0.1 days.

REA Group Price Performance

RPGRY stock opened at $26.15 on Friday. The firm’s fifty day moving average is $30.63 and its 200 day moving average is $32.90. REA Group has a 52 week low of $26.15 and a 52 week 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.