Short Interest in Dalton Industries Inc. (OTCMKTS:UMGP) Drops By 45.7%

Dalton Industries Inc. (OTCMKTS:UMGP) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,680 shares, a decline of 45.7% from the April 30th total of 3,095 shares. Based on an average trading volume of 52,542 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Dalton Industries Price Performance

Shares of OTCMKTS UMGP opened at $0.06 on Monday. Dalton Industries has a fifty-two week low of $0.02 and a fifty-two week high of $0.15. The firm’s 50-day simple moving average is $0.09 and its 200 day simple moving average is $0.08. The stock has a market cap of $2.28 million, a P/E ratio of -6.19 and a beta of 0.20.

Dalton Industries Company Profile

Universal Media Group Inc, a media company, produces and distributes media content worldwide. It produces On The Mike, a TV show that primarily include celebrity interviews, music concerts, and other events. The company was formerly known as Dalton Industries Inc and changed its name to Universal Media Group Inc in January 2016. Universal Media Group Inc was founded in 1971 and is based in Boca Raton, Florida.