REA Group Limited (OTCMKTS:RPGRY) Short Interest Update

REA Group Limited (OTCMKTS:RPGRY) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 600 shares, a growth of 100.0% from the March 15th total of 300 shares. Based on an average trading volume of 1,900 shares, the short-interest ratio is currently 0.3 days.

REA Group Trading Down 6.2 %

REA Group stock traded down $2.52 during mid-day trading on Friday, hitting $38.16. The company’s stock had a trading volume of 498 shares, compared to its average volume of 1,504. The stock’s fifty day moving average is $39.36 and its two-hundred day moving average is $39.68. REA Group has a 1 year low of $26.91 and a 1 year high of $47.26.

REA Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 5th were given a dividend of $0.1724 per share. This is an increase from REA Group’s previous dividend of $0.13. The ex-dividend date of this dividend was Wednesday, March 5th.

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.