Region Group (OTCMKTS:SCPAF) Short Interest Up 169.5% in July

Region Group (OTCMKTS:SCPAF) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 185,253 shares, a growth of 169.5% from the June 30th total of 68,728 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Region Group Price Performance

Shares of SCPAF stock remained flat at $1.55 during trading on Monday. The company’s 50 day simple moving average is $1.55 and its 200 day simple moving average is $1.48. Region Group has a one year low of $1.40 and a one year high of $1.85.

About Region Group

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).