Universal Music Group (OTCMKTS:UNVGY – Get Free Report) was the target of a significant 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 trading volume, of 355,000 shares, the days-to-cover ratio is currently 0.0 days.
Universal Music Group Trading Down 0.8 %
Shares of OTCMKTS:UNVGY opened at 12.15 on Thursday. The company’s fifty day moving average is 12.80 and its 200 day moving average is 13.75. Universal Music Group has a 52 week low of 11.29 and a 52 week high of 15.85.
Universal Music Group Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, October 3rd were issued a $0.0845 dividend. The ex-dividend date was Thursday, October 3rd.
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.
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