Short Interest in REA Group Limited (OTCMKTS:RPGRY) Grows By 704.7%

REA Group Limited (OTCMKTS:RPGRY) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 4,579 shares, an increase of 704.7% from the November 30th total of 569 shares. Based on an average trading volume of 8,616 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 8,616 shares, the short-interest ratio is presently 0.5 days.

REA Group Trading Up 2.3%

RPGRY stock opened at $32.10 on Thursday. REA Group has a 1-year low of $28.00 and a 1-year high of $55.54. The firm has a fifty day moving average price of $32.92 and a two-hundred day moving average price of $37.47.

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.