Universal Music Group (OTCMKTS:UNVGY – Get Free Report) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 101,885 shares, a decline of 49.7% from the July 30th total of 202,431 shares. Based on an average trading volume of 2,750,778 shares, the short-interest ratio is presently 0.0 days.
Universal Music Group Trading Down 0.2%
OTCMKTS:UNVGY opened at $8.54 on Friday. Universal Music Group has a fifty-two week low of $8.15 and a fifty-two week high of $14.87. The stock has a fifty day moving average price of $9.71 and a 200-day moving average price of $10.49.
About Universal Music Group
Universal Music Group (OTCMKTS: UNVGY) is a leading global music company that operates across the recorded music, music publishing, and merchandising sectors. The company signs, develops, and manages artists and songwriters, producing and distributing sound recordings and music videos. It holds a diverse catalogue spanning all major genres, representing both established superstars and emerging talent through renowned labels such as Interscope Geffen A&M, Capitol Music Group, Def Jam Recordings and Decca Records.
In its recorded music division, Universal Music Group collaborates with artists to create and market new releases, overseeing physical and digital distribution, licensing, and promotional activities.
Featured Stories
- Five stocks we like better than Universal Music Group
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for Universal Music Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Music Group and related companies with MarketBeat.com's FREE daily email newsletter.
