Universal Music Group (OTCMKTS:UNVGY – Get Free Report) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 19,700 shares, an increase of 47.0% from the August 31st total of 13,400 shares. Based on an average daily volume of 298,200 shares, the days-to-cover ratio is currently 0.1 days.
Universal Music Group Stock Performance
OTCMKTS:UNVGY opened at 13.48 on Friday. The stock’s fifty day moving average is 12.67 and its 200 day moving average is 14.19. Universal Music Group has a fifty-two week low of 11.29 and a fifty-two week high of 15.85.
Universal Music Group Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 3rd will be given a dividend of $0.0845 per share. The ex-dividend date is Thursday, October 3rd.
Universal Music Group Company Profile
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.
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