Short Interest Worth Mentioning: What Next for UMED HOLDINGS INCORPORATED (OTCMKTS:UMED) Stock After Decrease in Shorted Shares?

November 18, 2016 - By Ruchi Gupta   ·   0 Comments

Short Interest Worth Mentioning: What Next for UMED HOLDINGS INCORPORATED (OTCMKTS:UMED) Stock After Decrease in Shorted Shares?

The stock of UMED HOLDINGS INCORPORATED (OTCMKTS:UMED) registered a decrease of 72.54% in short interest. UMED’s total short interest was 9,200 shares in November as published by FINRA. Its down 72.54% from 33,500 shares, reported previously. With 72,200 shares average volume, it will take short sellers 0 days to cover their UMED’s short positions. The stock last traded at $0.12 per share. It is down 71.43% since April 18, 2016 and is uptrending. It has outperformed by 67.00% the S&P500.

UMED Holdings, Inc. is a diversified holding company. The company has a market cap of $25.31 million. The Firm owns and operates businesses in a range of industries, including energy and mining. It currently has negative earnings. The Firm holds approximately 70 placer mining claims in Mohave County, Arizona covering approximately 1,440 acres in Mohave County southeast of Kingman, Arizona.

UMED Company Profile

UMED Holdings, Inc. is a diversified holding company. The Firm owns and operates businesses in a range of industries, including energy and mining. The Company’s subsidiaries include Universal Media Corporation, Greenway Innovative Energy, Inc. and Logistix Technology Systems, Inc.

More recent UMED Holdings Inc (OTCMKTS:UMED) news were published by: Globenewswire.com which released: “UMED Holdings, Inc. Announces Issuance of Additional US Patent for Mobile Gas …” on October 16, 2014. Also Marketwired.com published the news titled: “UMED Holdings, Inc. Announces Appointment of Myron J. Goins to Advisory Board” on November 18, 2015. Globenewswire.com‘s news article titled: “UMED Holdings, Inc. Announces Issuance of US Patent for Mobile Gas-to-Liquids …” with publication date: March 26, 2014 was also an interesting one.

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By Ruchi Gupta


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