REA Group Limited (OTCMKTS:RPGRY) Short Interest Down 43.6% in March

REA Group Limited (OTCMKTS:RPGRY) was the target of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 22,321 shares, a decrease of 43.6% from the February 26th total of 39,591 shares. Based on an average daily trading volume, of 151,413 shares, the short-interest ratio is presently 0.1 days.

REA Group Stock Performance

RPGRY stock opened at $26.15 on Friday. The firm’s 50-day moving average price is $30.63 and its two-hundred day moving average price is $32.90. REA Group has a 12-month low of $26.15 and a 12-month 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.