REA Group Limited (OTCMKTS:RPGRY) Short Interest Up 1,549.1% in May

REA Group Limited (OTCMKTS:RPGRY) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 84,186 shares, an increase of 1,549.1% from the April 30th total of 5,105 shares. Based on an average trading volume of 169,087 shares, the short-interest ratio is currently 0.5 days.

REA Group Trading Down 0.1%

Shares of REA Group stock traded down $0.03 during midday trading on Friday, hitting $26.80. The company had a trading volume of 172,240 shares, compared to its average volume of 57,695. The business’s 50 day simple moving average is $29.05 and its two-hundred day simple moving average is $30.61. REA Group has a 1-year low of $25.68 and a 1-year high of $55.54.

REA Group Company Profile

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.