REA Group Limited (OTCMKTS:RPGRY) Short Interest Update

REA Group Limited (OTCMKTS:RPGRY) was the target of a large decline in short interest in 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 volume of 2,200 shares, the days-to-cover ratio is currently 0.1 days.

REA Group Stock Up 6.5 %

Shares of REA Group stock traded up $2.89 during trading hours on Friday, reaching $47.21. The company’s stock had a trading volume of 259 shares, compared to its average volume of 1,099. The stock’s fifty day simple moving average is $39.86 and its two-hundred day simple moving average is $39.11. REA Group has a one year low of $26.91 and a one year high of $47.21.

REA Group Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 5th will be paid a dividend of $0.1724 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This is an increase from REA Group’s previous dividend of $0.13.

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.