Universal Music Group (OTCMKTS:UNVGY) Short Interest Up 606.2% in November

Universal Music Group (OTCMKTS:UNVGY) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 91,100 shares, a growth of 606.2% from the November 15th total of 12,900 shares. Based on an average daily trading volume, of 841,900 shares, the days-to-cover ratio is presently 0.1 days.

Universal Music Group Stock Performance

Shares of OTCMKTS UNVGY traded up 0.10 during midday trading on Friday, reaching 12.76. 135,396 shares of the company were exchanged, compared to its average volume of 239,158. The stock’s 50-day moving average price is 12.45 and its 200-day moving average price is 13.28. Universal Music Group has a one year low of 11.29 and a one year high of 15.85.

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.