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

Region Group (OTCMKTS:SCPAF – Get Free Report) saw a significant growth in short interest during 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 currently 54.8 days.

Region Group Stock Performance

OTCMKTS SCPAF opened at $1.55 on Thursday. Region Group has a 52 week low of $1.40 and a 52 week high of $1.85. The firm has a 50 day moving average of $1.55 and a two-hundred day moving average of $1.54.

Region Group Company Profile

(Get Free Report)

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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