Universal Music Group (OTCMKTS:UNVGY – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totalling 19,700 shares, an increase of 47.0% from the August 31st total of 13,400 shares. Based on an average daily volume of 298,200 shares, the short-interest ratio is presently 0.1 days.
Universal Music Group Price Performance
UNVGY stock opened at 13.14 on Friday. The company’s 50-day moving average is 12.70 and its 200-day moving average is 14.20. Universal Music Group has a 1 year low of 11.29 and a 1 year high of 15.85.
Universal Music Group Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, November 8th. Shareholders of record on Thursday, October 3rd will be issued a $0.0845 dividend. 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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