REA Group Limited (OTCMKTS:RPGRY) Stock Short Interest Rises 274.4%

REA Group Limited (OTCMKTS:RPGRY) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 37,537 shares, an increase of 274.4% from the October 15th total of 10,026 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 87,185 shares, the days-to-cover ratio is currently 0.4 days.

REA Group Trading Down 2.2%

Shares of RPGRY stock traded down $0.67 on Thursday, reaching $29.17. The company’s stock had a trading volume of 9,192 shares, compared to its average volume of 65,473. REA Group has a 12-month low of $22.41 and a 12-month high of $36.20. The stock’s 50 day simple moving average is $27.93 and its 200-day simple moving average is $28.72.

About REA Group

REA Group is an Australian digital property company best known for operating realestate.com.au, a major online marketplace for buying, selling and renting homes. Its services connect consumers with property listings and real estate professionals, and include tools and information for researching property. The company also operates realcommercial.com.au for commercial property and provides related services for agents and property businesses, including advertising and marketing products. Its businesses extend beyond Australia, including property platforms in India such as Housing.com and PropTiger.