Short Interest in REA Group Limited (OTCMKTS:RPGRY) Decreases By 50.0%

REA Group Limited (OTCMKTS:RPGRY) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 400 shares, a decline of 50.0% from the September 30th total of 800 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 0.6 days.

REA Group Stock Down 1.1 %

Shares of REA Group stock traded down $0.46 during trading on Friday, hitting $39.85. 2,737 shares of the stock were exchanged, compared to its average volume of 648. REA Group has a 12 month low of $25.05 and a 12 month high of $40.31. The stock’s fifty day moving average is $37.07 and its 200 day moving average is $33.91.

REA Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, August 30th were issued a dividend of $0.1345 per share. The ex-dividend date of this dividend was Friday, August 30th. This is a boost 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.