Region Group (OTCMKTS:SCPAF – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 197,827 shares, an increase of 97.9% from the September 15th total of 99,987 shares. Based on an average daily volume of 3,608 shares, the short-interest ratio is currently 54.8 days.
Region Group Stock Performance
Region Group stock opened at $1.55 on Friday. Region Group has a fifty-two week low of $1.40 and a fifty-two week high of $1.85. The firm has a 50 day moving average price of $1.55 and a 200 day moving average price of $1.54.
About Region Group
Region Group is an Australian property group focused on owning and managing convenience-based retail assets. The company’s portfolio includes neighborhood and community shopping centres designed to serve everyday consumer needs, with tenants operating in areas such as supermarkets, food and beverage, health, essential services and specialty retail.
Region Group was previously known as Shopping Centres Australasia Property Group and adopted the Region Group name as part of its broader corporate identity.
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