Region Group (OTCMKTS:SCPAF – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 197,827 shares, a growth of 97.9% from the September 15th total of 99,987 shares. Based on an average trading volume of 3,608 shares, the days-to-cover ratio is presently 54.8 days.
Region Group Stock Performance
Shares of OTCMKTS:SCPAF opened at $1.55 on Wednesday. The firm has a 50 day simple moving average of $1.55 and a 200 day simple moving average of $1.54. Region Group has a 52 week low of $1.40 and a 52 week high of $1.85.
About Region Group
Region Group is an Australian property group focused on owning and managing convenience-based retail assets. The company’s portfolio includes neighborhood and community shopping centres designed to serve everyday consumer needs, with tenants operating in areas such as supermarkets, food and beverage, health, essential services and specialty retail.
Region Group was previously known as Shopping Centres Australasia Property Group and adopted the Region Group name as part of its broader corporate identity.
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