REA Group Limited (OTCMKTS:RPGRY) Short Interest Update

REA Group Limited (OTCMKTS:RPGRY) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 300 shares, a decrease of 57.1% from the March 31st total of 700 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is currently 0.3 days.

REA Group Trading Down 1.6 %

RPGRY stock traded down $0.47 during trading hours on Friday, hitting $28.71. 350 shares of the stock traded hands, compared to its average volume of 510. The stock has a 50-day simple moving average of $30.06 and a 200 day simple moving average of $28.87. REA Group has a one year low of $25.05 and a one year high of $31.94.

REA Group Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Tuesday, March 5th were issued a $0.113 dividend. This is an increase from REA Group’s previous dividend of $0.11. The ex-dividend date was Monday, March 4th.

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.