Region Group (OTCMKTS:SCPAF) Sees Significant Decrease in Short Interest

Region Group (OTCMKTS:SCPAF) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 74,360 shares, a decline of 46.6% from the July 30th total of 139,146 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Region Group Stock Performance

SCPAF opened at $1.55 on Friday. Region Group has a 52 week low of $1.40 and a 52 week high of $1.85. The business has a fifty day simple moving average of $1.55 and a 200-day simple moving average of $1.51.

Region Group Company Profile

Region Group (RGN) includes two internally managed real estate investment trusts owning a portfolio of convenience-based retail properties located across Australia. Region invests in retail properties predominantly anchored by non-discretionary retailers, with long leases to tenants such as Woolworths Limited, Coles Limited and companies in the Wesfarmers Limited group. Region Group comprises two registered managed investment schemes, Region Management Trust (ARSN 160 612 626) and Region Retail Trust (ARSN 160 612 788).