REA Group Limited (OTCMKTS:RPGRY) Short Interest Update

REA Group Limited (OTCMKTS:RPGRY) saw a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a decrease of 25.0% from the February 28th total of 400 shares. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is presently 0.3 days.

REA Group Trading Down 6.0 %

Shares of RPGRY opened at $35.30 on Friday. The firm has a 50-day simple moving average of $40.44 and a two-hundred day simple moving average of $39.61. REA Group has a 1-year low of $26.91 and a 1-year high of $47.26.

REA Group Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, April 2nd. Investors 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 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.