REA Group Limited (OTCMKTS:RPGRY) Short Interest Down 90.0% in February

REA Group Limited (OTCMKTS:RPGRY) saw a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 200 shares, a decline of 90.0% from the January 31st total of 2,000 shares. Based on an average daily trading volume, of 2,200 shares, the days-to-cover ratio is currently 0.1 days.

REA Group Price Performance

OTCMKTS RPGRY traded up $2.89 on Thursday, reaching $47.21. The stock had a trading volume of 259 shares, compared to its average volume of 1,099. REA Group has a 12-month low of $26.91 and a 12-month high of $47.21. The business’s 50-day moving average price is $39.73 and its 200 day moving average price is $39.06.

REA Group Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 5th will be issued a $0.1724 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This is a positive change from REA Group’s previous dividend of $0.13.

REA Group Company Profile

REA Group Limited engages in online property advertising business in Australia, India, and internationally. It provides property and property-related services on websites and mobile applications. The company operates residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, smartline.com.au, makaan.com, housing.com, PropTiger.com, realtor.com, Flatmates.com.au, property.com.au, simpology.com.au, campaignagent.com.au, proptrack.com.au, myfun.com, housing.com, propertygurugroup.com, realtor.com, spacely.com.au, rumah123.com, iproperty.com.sg, 99.co, and 1form.com.au.