REA Group Limited (OTCMKTS:RPGRY) Short Interest Update

REA Group Limited (OTCMKTS:RPGRY) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 900 shares, a decrease of 90.3% from the May 31st total of 9,268 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 231,238 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded REA Group to a “hold” rating in a report on Tuesday, June 9th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

REA Group Price Performance

Shares of RPGRY stock traded up $0.28 on Friday, reaching $23.25. 16,175 shares of the stock were exchanged, compared to its average volume of 70,095. REA Group has a one year low of $22.41 and a one year high of $55.54. The stock has a market cap of $12.29 billion and a PE ratio of 96.89. The stock has a 50 day moving average price of $28.30 and a 200 day moving average price of $29.67.

REA Group Company Profile

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.