REA Group Limited (OTCMKTS:RPGRY) Short Interest Update

REA Group Limited (OTCMKTS:RPGRY) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 300 shares, a drop of 57.1% from the March 31st total of 700 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 0.3 days.

REA Group Stock Down 1.6 %

Shares of RPGRY traded down $0.47 during mid-day trading on Friday, reaching $28.71. The company had a trading volume of 350 shares, compared to its average volume of 510. The firm has a fifty day simple moving average of $30.06 and a 200-day simple moving average of $28.87. REA Group has a fifty-two week low of $25.05 and a fifty-two week high of $31.94.

REA Group Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Tuesday, March 5th were given a dividend of $0.113 per share. The ex-dividend date was Monday, March 4th. This is an increase from REA Group’s previous dividend of $0.11.

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.