Universal Music Group (OTCMKTS:UNVGY) Stock Short Interest Report for October

Universal Music Group (OTCMKTS:UNVGY) was the recipient of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 204,625 shares, a drop of 51.9% from the October 15th total of 425,608 shares. Based on an average trading volume of 707,531 shares, the short-interest ratio is currently 0.3 days.

Universal Music Group Price Performance

OTCMKTS UNVGY traded up $0.23 during midday trading on Friday, hitting $9.66. The company had a trading volume of 144,108 shares, compared to its average volume of 788,996. The firm has a 50-day moving average price of $8.70 and a 200-day moving average price of $10.04. Universal Music Group has a twelve month low of $7.84 and a twelve month high of $13.33.

About Universal Music Group

Universal Music Group is a global music-based entertainment company headquartered in Hilversum, the Netherlands. Its core businesses include recorded music, music publishing and artist-related services. Through a portfolio of record labels, the company discovers and develops artists and releases, promotes and distributes music across streaming, physical and other formats. Its music publishing business represents songwriters and manages music copyrights and licensing. Universal Music Group serves artists, songwriters and audiences around the world, with operations and creative businesses across numerous international markets.