Short Interest in Region Group (OTCMKTS:SCPAF) Decreases By 46.6%

Region Group (OTCMKTS:SCPAF) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 74,360 shares, a decrease of 46.6% from the July 30th total of 139,146 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Region Group Stock Performance

SCPAF remained flat at $1.55 on Monday. The company’s 50 day moving average is $1.55 and its 200 day moving average is $1.51. Region Group has a 1 year low of $1.40 and a 1 year high of $1.85.

Region Group Company Profile

Region Group (RGN) includes two internally managed real estate investment trusts owning a portfolio of convenience-based retail properties located across Australia. Region invests in retail properties predominantly anchored by non-discretionary retailers, with long leases to tenants such as Woolworths Limited, Coles Limited and companies in the Wesfarmers Limited group. Region Group comprises two registered managed investment schemes, Region Management Trust (ARSN 160 612 626) and Region Retail Trust (ARSN 160 612 788).