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

REA Group Limited (OTCMKTS:RPGRY) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 400 shares, an increase 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 Trading Down 4.2 %

OTCMKTS:RPGRY opened at $37.50 on Friday. REA Group has a one year low of $26.91 and a one year high of $47.26. The business’s 50-day simple moving average is $40.81 and its 200 day simple moving average is $39.55.

REA Group Increases Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Wednesday, March 5th. This is a positive change from REA Group’s previous dividend of $0.13.

REA Group Company Profile

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.