Short Interest in Universal Media Group Inc. (OTCMKTS:UMGP) Grows By 1,700.0%

Universal Media Group Inc. (OTCMKTS:UMGP) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 5,400 shares, a growth of 1,700.0% from the February 29th total of 300 shares. Based on an average daily volume of 8,000 shares, the days-to-cover ratio is presently 0.7 days.

Universal Media Group Stock Up 5.2 %

Universal Media Group stock traded up $0.01 during mid-day trading on Wednesday, hitting $0.15. 5,954 shares of the company’s stock traded hands, compared to its average volume of 7,839. Universal Media Group has a one year low of $0.13 and a one year high of $0.47. The firm has a 50 day moving average price of $0.16 and a 200 day moving average price of $0.21.

About Universal Media Group

Universal Media Group Inc, a media company, produces and distributes media content worldwide. It produces On The Mike, a TV show that primarily include celebrity interviews, music concerts, and other events. The company was formerly known as Dalton Industries Inc and changed its name to Universal Media Group Inc in January 2016.