REA Group Limited (OTCMKTS:RPGRY) Short Interest Update

REA Group Limited (OTCMKTS:RPGRY) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 1,600 shares, an increase of 433.3% from the February 29th total of 300 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 2.0 days.

REA Group Trading Down 1.4 %

Shares of OTCMKTS RPGRY traded down $0.43 during trading on Thursday, reaching $30.12. The company had a trading volume of 241 shares, compared to its average volume of 488. The company’s fifty day moving average price is $30.22 and its 200-day moving average price is $28.50. REA Group has a 12 month low of $25.05 and a 12 month high of $31.94.

REA Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 2nd. Investors of record on Tuesday, March 5th will be given a dividend of $0.113 per share. This is a positive change from REA Group’s previous dividend of $0.11. The ex-dividend date is Monday, March 4th.

About REA Group

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.