Universal Music Group (OTCMKTS:UNVGY – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 13,400 shares, a growth of 13,300.0% from the August 15th total of 100 shares. Based on an average trading volume of 1,622,100 shares, the days-to-cover ratio is currently 0.0 days.
Universal Music Group Price Performance
Universal Music Group stock opened at 12.72 on Friday. Universal Music Group has a fifty-two week low of 11.29 and a fifty-two week high of 15.85. The firm has a fifty day moving average price of 13.17 and a two-hundred day moving average price of 14.33.
Universal Music Group Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 3rd will be given a dividend of $0.0845 per share. The ex-dividend date of this dividend is Thursday, October 3rd.
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.
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