Universal Music Group (OTCMKTS:UMGNF) Short Interest Down 17.0% in April

Universal Music Group (OTCMKTS:UMGNF) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 2,682,000 shares, a decrease of 17.0% from the March 31st total of 3,230,200 shares. Based on an average daily trading volume, of 17,400 shares, the short-interest ratio is currently 154.1 days.

Universal Music Group Trading Up 2.8 %

Shares of OTCMKTS UMGNF opened at $30.34 on Friday. Universal Music Group has a 12-month low of $19.70 and a 12-month high of $30.88. The stock has a fifty day moving average price of $29.50 and a 200 day moving average price of $28.24.

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.