REA Group Limited (OTCMKTS:RPGRY) Short Interest Down 90.0% in February

REA Group Limited (OTCMKTS:RPGRY) saw a large decline in short interest during the month of 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 presently 0.1 days.

REA Group Price Performance

Shares of RPGRY traded up $2.89 during mid-day trading on Thursday, hitting $47.21. The stock had a trading volume of 259 shares, compared to its average volume of 1,099. The company’s fifty day simple moving average is $39.73 and its two-hundred day simple moving average is $39.06. REA Group has a fifty-two week low of $26.91 and a fifty-two week high of $47.21.

REA Group Increases Dividend

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

REA Group Company Profile

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.