Dalton Industries Inc. (OTCMKTS:UMGP) Sees Significant Decrease in Short Interest

Dalton Industries Inc. (OTCMKTS:UMGP) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 775 shares, a drop of 91.3% from the June 30th total of 8,896 shares. Based on an average trading volume of 33,136 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Dalton Industries Price Performance

Shares of OTCMKTS:UMGP opened at $0.06 on Friday. The firm has a market capitalization of $1.78 million, a PE ratio of -5.50 and a beta of 0.25. The firm’s 50-day moving average is $0.06 and its two-hundred day moving average is $0.07. Dalton Industries has a 1 year low of $0.02 and a 1 year high of $0.15.

About Dalton Industries

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. Universal Media Group Inc was founded in 1971 and is based in Boca Raton, Florida.