REA Group Limited (OTCMKTS:RPGRY – Get Free Report) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 9,268 shares, a drop of 89.0% from the May 14th total of 84,186 shares. Based on an average trading volume of 258,684 shares, the days-to-cover ratio is presently 0.0 days.
REA Group Stock Down 4.1%
REA Group stock traded down $1.12 during midday trading on Tuesday, hitting $26.03. 211,484 shares of the stock were exchanged, compared to its average volume of 62,208. The company has a fifty day simple moving average of $29.02 and a two-hundred day simple moving average of $30.33. REA Group has a 52 week low of $25.06 and a 52 week high of $55.54.
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.
Further Reading
- Five stocks we like better than REA Group
- The Bank of Mom and Dad Is Booming—3 Stocks to Watch
- Corning Is Paving AI’s Future With Glass
- Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
- Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer
Receive News & Ratings for REA Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for REA Group and related companies with MarketBeat.com's FREE daily email newsletter.
