Short Interest in New Generation Consumer Group, Inc. (OTCMKTS:NGCG) Decreases By 92.8%

New Generation Consumer Group, Inc. (OTCMKTS:NGCG) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 89,250 shares, a drop of 92.8% from the April 30th total of 1,231,075 shares. Based on an average daily trading volume, of 3,947,190 shares, the days-to-cover ratio is currently 0.0 days.

New Generation Consumer Group Price Performance

Shares of OTCMKTS:NGCG remained flat at $0.00 during midday trading on Wednesday. 57,000 shares of the company traded hands, compared to its average volume of 1,960,537. New Generation Consumer Group has a twelve month low of $0.00 and a twelve month high of $0.02.

New Generation Consumer Group Company Profile

New Generation Consumer Group, Inc, through its subsidiary Monster Marketing Group, Inc, develops, markets, sells, and distributes consumable products to consumers in North America. The company's Michelada division offers Michelada Mix under the Mucho Macho brand name; and VIP Spirits division offers liqueur infused vodka in various flavors under the Excuse brand. It serves clients in quick service, fast food, automobiles, and cellular sectors. The company was formerly known as United Music & Media Group, Inc and changed its name to New Generation Consumer Group, Inc in October 2014.