Region Group (OTCMKTS:SCPAF) Sees Significant Decrease in Short Interest

Region Group (OTCMKTS:SCPAF) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 74,360 shares, a drop of 46.6% from the July 30th total of 139,146 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Region Group Stock Performance

OTCMKTS:SCPAF opened at $1.55 on Friday. Region Group has a 12-month low of $1.40 and a 12-month high of $1.85. The stock has a fifty day moving average price of $1.55 and a 200 day moving average price of $1.51.

About Region Group

Region Group (RGN) includes two internally managed real estate investment trusts owning a portfolio of convenience-based retail properties located across Australia. Region invests in retail properties predominantly anchored by non-discretionary retailers, with long leases to tenants such as Woolworths Limited, Coles Limited and companies in the Wesfarmers Limited group. Region Group comprises two registered managed investment schemes, Region Management Trust (ARSN 160 612 626) and Region Retail Trust (ARSN 160 612 788).