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

Universal Media Group Inc. (OTCMKTS:UMGP) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 5,400 shares, an increase of 1,700.0% from the February 29th total of 300 shares. Based on an average trading volume of 8,000 shares, the days-to-cover ratio is currently 0.7 days.

Universal Media Group Price Performance

OTCMKTS:UMGP opened at $0.15 on Thursday. Universal Media Group has a 52-week low of $0.13 and a 52-week high of $0.47. The stock’s 50-day simple moving average is $0.16 and its 200 day simple moving average is $0.21.

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.