Universal Media Group Inc. (OTCMKTS:UMGP) Sees Significant Growth in Short Interest

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

Universal Media Group Stock Performance

Shares of UMGP stock opened at $0.20 on Friday. The company has a fifty day moving average price of $0.18 and a two-hundred day moving average price of $0.21. Universal Media Group has a one year low of $0.13 and a one year high of $0.47.

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.