Short Interest in Universal Music Group (OTCMKTS:UNVGY) Grows By 495.7%

Universal Music Group (OTCMKTS:UNVGY) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totalling 294,300 shares, a growth of 495.7% from the July 15th total of 49,400 shares. Based on an average daily trading volume, of 690,900 shares, the short-interest ratio is presently 0.4 days.

Universal Music Group Trading Up 1.1 %

Universal Music Group stock traded up 0.13 during mid-day trading on Tuesday, hitting 12.19. The company’s stock had a trading volume of 519,600 shares, compared to its average volume of 134,133. Universal Music Group has a twelve month low of 11.29 and a twelve month high of 15.85. The stock’s fifty day moving average price is 14.21 and its two-hundred day moving average price is 14.63.

About Universal Music Group

Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as markets and promotes their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations.