Short Interest in Universal Music Group (OTCMKTS:UNVGY) Expands By 119.8%

Universal Music Group (OTCMKTS:UNVGY) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 22,200 shares, an increase of 119.8% from the August 31st total of 10,100 shares. Based on an average trading volume of 269,200 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 269,200 shares, the short-interest ratio is presently 0.1 days.

Universal Music Group Stock Down 1.0%

Shares of UNVGY stock opened at $14.72 on Friday. Universal Music Group has a 12-month low of $11.40 and a 12-month high of $16.60. The stock’s 50-day moving average price is $14.31 and its 200-day moving average price is $14.69.

Universal Music Group Company Profile

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.