Short Interest in Universal Media Group Inc. (OTCMKTS:UMGP) Expands By 166.7%

Universal Media Group Inc. (OTCMKTS:UMGP) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 800 shares, an increase of 166.7% from the March 31st total of 300 shares. Based on an average daily trading volume, of 31,600 shares, the days-to-cover ratio is currently 0.0 days.

Universal Media Group Price Performance

OTCMKTS:UMGP traded up $0.00 during midday trading on Friday, hitting $0.20. The company’s stock had a trading volume of 14,511 shares, compared to its average volume of 9,615. Universal Media Group has a fifty-two week low of $0.13 and a fifty-two week high of $0.47. The firm’s 50 day moving average is $0.18 and its 200-day 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.