After Reaching Milestone, Is UMF GROUP INC (OTCMKTS:UMFG)’s Short Interest Revealing Something?

June 13, 2018 - By Henry Gaston

The stock of UMF GROUP INC (OTCMKTS:UMFG) registered a decrease of 76.94% in short interest. UMFG’s total short interest was 32,700 shares in June as published by FINRA. Its down 76.94% from 141,800 shares, reported previously. With 290,000 shares average volume, it will take short sellers 0 days to cover their UMFG’s short positions.

The stock decreased 6.90% or $0.002 during the last trading session, reaching $0.027. About 4,495 shares traded. UMF Group Inc. (OTCMKTS:UMFG) has 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

UMF Group Inc., a medical marijuana company, focuses on the development of whole plant extractions for the cancer and palliative treatments. The company has market cap of $10,821. The firm was formerly known as American Community Development Inc. and changed its name to UMF Group Inc. in February 2017. It has a 2.25 P/E ratio.

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