Universal Media Group Inc. (OTCMKTS:UMGP) Short Interest Update

Universal Media Group Inc. (OTCMKTS:UMGP) was the target of a large decrease in short interest during the month of August. As of August 15th, there was short interest totalling 100 shares, a decrease of 94.4% from the July 31st total of 1,800 shares. Based on an average trading volume of 144,700 shares, the days-to-cover ratio is presently 0.0 days.

Universal Media Group Price Performance

Shares of UMGP traded up $0.02 during midday trading on Tuesday, reaching $0.09. The stock had a trading volume of 51,467 shares, compared to its average volume of 58,038. The company’s 50-day moving average is $0.15 and its 200 day moving average is $0.16. Universal Media Group has a 12-month low of $0.07 and a 12-month high of $0.45.

Universal Media Group Company Profile

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.