REA Group Limited (OTCMKTS:RPGRY – Get Free Report) saw a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 9,268 shares, a decrease of 89.0% from the May 14th total of 84,186 shares. Based on an average daily volume of 258,684 shares, the short-interest ratio is presently 0.0 days.
REA Group Stock Performance
REA Group stock traded down $1.12 during trading hours on Tuesday, reaching $26.03. 211,484 shares of the company’s stock traded hands, compared to its average volume of 62,208. REA Group has a fifty-two week low of $25.06 and a fifty-two week high of $55.54. The firm’s 50 day moving average is $29.02 and its 200-day moving average is $30.33.
About REA Group
REA Group is a leading digital advertising company focused on the real estate sector, operating a portfolio of online platforms that connect property buyers, sellers and renters with agent and developer listings. Its flagship site, realestate.com.au, is one of Australia’s largest property portals, offering residential, commercial and rental listings alongside associated market data, news and analysis tools.
Since its inception in 1995, REA Group has expanded globally through the acquisition of or investment in digital property sites and related businesses across Asia, Europe and North America.
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