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

REA Group Limited (OTCMKTS:RPGRY) saw a large increase in short interest in 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. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 87,185 shares, the short-interest ratio is presently 0.4 days.

REA Group Stock Performance

OTCMKTS:RPGRY traded down $0.67 during mid-day trading on Thursday, reaching $29.17. The stock had a trading volume of 9,192 shares, compared to its average volume of 65,473. The firm has a 50 day moving average price of $27.93 and a two-hundred day moving average price of $28.72. REA Group has a one year low of $22.41 and a one year high of $36.20.

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.