New Generation Consumer Group, Inc. (OTCMKTS:NGCG) Sees Significant Drop in Short Interest

New Generation Consumer Group, Inc. (OTCMKTS:NGCG) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 39,250 shares, a decrease of 56.0% from the May 14th total of 89,250 shares. Based on an average trading volume of 11,436,784 shares, the days-to-cover ratio is presently 0.0 days.

New Generation Consumer Group Price Performance

OTCMKTS:NGCG remained flat at $0.00 during trading hours on Friday. The company’s stock had a trading volume of 7,742,155 shares, compared to its average volume of 4,028,687. New Generation Consumer Group has a 1 year low of $0.00 and a 1 year high of $0.02.

New Generation Consumer Group Company Profile

New Generation Consumer Group, Inc, through its subsidiary Monster Marketing Group, Inc, develops, markets, sells, and distributes consumable products to consumers in North America. The company's Michelada division offers Michelada Mix under the Mucho Macho brand name; and VIP Spirits division offers liqueur infused vodka in various flavors under the Excuse brand. It serves clients in quick service, fast food, automobiles, and cellular sectors. The company was formerly known as United Music & Media Group, Inc and changed its name to New Generation Consumer Group, Inc in October 2014.