Universal Media Group Inc. (OTCMKTS:UMGP) Sees Large Decrease in Short Interest

Universal Media Group Inc. (OTCMKTS:UMGP – Get Rating) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totalling 900 shares, a drop of 52.6% from the April 15th total of 1,900 shares. Based on an average daily volume of 57,200 shares, the short-interest ratio is presently 0.0 days.

OTCMKTS:UMGP opened at $0.38 on Friday. The company has a 50-day moving average price of $0.56 and a 200-day moving average price of $1.15. Universal Media Group has a 12 month low of $0.11 and a 12 month high of $3.67.

Universal Media Group Company Profile (Get Rating)

Universal Media Group Inc, a media company, produces and distributes media content worldwide. It produces On The Mike, a TV show that primarily include celebrity interviews, music concerts, and other events. The company was formerly known as Dalton Industries Inc and changed its name to Universal Media Group Inc in January 2016.

Read More