Universal Music Group (OTCMKTS:UNVGY) Short Interest Down 64.6% in October

Posted by Latisha Jones on Nov 15th, 2024

Universal Music Group (OTCMKTS:UNVGY – Get Free Report) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 13,800 shares, a decrease of 64.6% from the October 15th total of 39,000 shares. Based on an average daily volume of 355,000 shares, the short-interest ratio is currently 0.0 days.

Universal Music Group Stock Performance

Shares of OTCMKTS UNVGY opened at 12.28 on Friday. Universal Music Group has a 52 week low of 11.29 and a 52 week high of 15.85. The business has a 50-day simple moving average of 12.80 and a two-hundred day simple moving average of 13.75.

Universal Music Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 8th. Investors of record on Thursday, October 3rd were paid a dividend of $0.0845 per share. The ex-dividend date was Thursday, October 3rd.

Universal Music Group Company Profile

(Get Free Report)

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.