Universal Music Group (OTCMKTS:UNVGY) Short Interest Up 60.2% in December

Universal Music Group (OTCMKTS:UNVGY) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 57,500 shares, an increase of 60.2% from the December 15th total of 35,900 shares. Based on an average trading volume of 781,900 shares, the short-interest ratio is currently 0.1 days.

Universal Music Group Stock Performance

UNVGY stock traded down $0.03 during trading on Wednesday, hitting $12.29. The company had a trading volume of 202,634 shares, compared to its average volume of 311,529. Universal Music Group has a 12 month low of $11.29 and a 12 month high of $15.85. The firm has a 50-day moving average price of $12.37 and a 200-day moving average price of $12.84.

About Universal Music Group

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.