Short Interest in Universal Music Group (OTCMKTS:UNVGY) Decreases By 60.6%

Universal Music Group (OTCMKTS:UNVGY) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 35,900 shares, a decrease of 60.6% from the November 30th total of 91,100 shares. Based on an average daily trading volume, of 291,500 shares, the short-interest ratio is presently 0.1 days.

Universal Music Group Stock Performance

UNVGY opened at $12.91 on Friday. Universal Music Group has a twelve month low of $11.29 and a twelve month high of $15.85. The firm’s 50-day moving average price is $12.42 and its 200 day moving average price is $13.10.

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.