Universal Music Group (OTCMKTS:UNVGY) Short Interest Down 14.4% in June

Universal Music Group (OTCMKTS:UNVGY) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 40,500 shares, a decline of 14.4% from the May 31st total of 47,300 shares. Based on an average trading volume of 217,400 shares, the short-interest ratio is presently 0.2 days.

Universal Music Group Trading Down 0.9 %

Shares of UNVGY stock opened at 14.68 on Tuesday. The company’s fifty day simple moving average is 15.20 and its two-hundred day simple moving average is 14.78. Universal Music Group has a 52 week low of 11.04 and a 52 week high of 15.85.

Universal Music Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 27th. Shareholders of record on Tuesday, May 21st were given a dividend of $0.0934 per share. The ex-dividend date was Monday, May 20th. This is an increase from Universal Music Group’s previous dividend of $0.09.

Universal Music Group Company Profile

Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as markets and promotes their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations.