Short Interest in REA Group Limited (OTCMKTS:RPGRY) Declines By 25.0%

REA Group Limited (OTCMKTS:RPGRY) was the target of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 300 shares, a decrease of 25.0% from the October 15th total of 400 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 0.3 days.

REA Group Price Performance

RPGRY traded down $0.02 during midday trading on Friday, reaching $42.23. The company’s stock had a trading volume of 1,839 shares, compared to its average volume of 667. REA Group has a 1 year low of $25.05 and a 1 year high of $42.43. The stock’s 50-day moving average is $38.09 and its 200-day moving average is $35.11.

About REA Group

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.