Universal Media Group (UMGP) Short Interest Ratio & Short Volume

Short interest is the volume of Universal Media Group shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 300 shares of UMGP short. Learn More on Universal Media Group's current short interest.

Universal Media Group saw a decline in short interest in March. As of March 31st, there was short interest totaling 300 shares, a decline of 94.4% from the previous total of 5,400 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the sector of "business services" compare to Universal Media Group: Medigus Ltd. (0.25%), SOBR Safe, Inc. (0.68%), Wearable Devices Ltd. (4.73%), Asset Entities Inc. (7.13%), SUIC Worldwide Holdings Ltd. (0.02%), Baosheng Media Group Holdings Limited (1.28%), Moving iMage Technologies, Inc. (0.56%), Boxlight Co. (0.75%), KLDiscovery Inc. (0.01%), GD Culture Group Limited (3.49%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling UMGP is an investing strategy that aims to generate trading profit from Universal Media Group as its price is falling. UMGP shares are trading up $0.02 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Universal Media Group occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of UMGP, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including UMGP, twice per month. The most recent reporting period available is March, 31 2024.