REA Group Limited (OTCMKTS:RPGRY – Get Free Report) was the recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 22,321 shares, a decline of 43.6% from the February 26th total of 39,591 shares. Based on an average trading volume of 151,413 shares, the days-to-cover ratio is presently 0.1 days.
REA Group Stock Up 0.4%
REA Group stock opened at $26.26 on Friday. REA Group has a one year low of $26.00 and a one year high of $55.54. The business has a fifty day moving average price of $30.53 and a 200-day moving average price of $32.79.
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.
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