Short Interest Reporting: Is Buying CMG HOLDINGS GROUP INCORPORATED (OTCMKTS:CMGO), Having Lower Short Interest a Winning Strategy?

November 29, 2016 - By Darrin Black   ·   0 Comments

Short Interest Reporting: Is Buying CMG HOLDINGS GROUP INCORPORATED (OTCMKTS:CMGO), Having Lower Short Interest a Winning Strategy?

The stock of CMG HOLDINGS GROUP INCORPORATED (OTCMKTS:CMGO) registered a decrease of 15.74% in short interest. CMGO’s total short interest was 47,100 shares in November as published by FINRA. Its down 15.74% from 55,900 shares, reported previously. With 407,200 shares average volume, it will take short sellers 0 days to cover their CMGO’s short positions. The stock last traded at $0.002 per share. It is down 44.44% since May 2, 2016 and is downtrending. It has underperformed by 49.70% the S&P500.

CMG Holdings Group, Inc. is a holding company. The company has a market cap of $945,958. The Firm is a sports, entertainment, marketing and management company. It currently has negative earnings. The Firm operates through three divisions: XA, Good Gaming and CMG Holdings Group.

CMGO Company Profile

CMG Holdings Group, Inc., incorporated on July 30, 2004, is a holding company. The Firm is a sports, entertainment, marketing and management company. The Firm operates through three divisions: XA, Good Gaming and CMG Holdings Group.

More news for CMG Holdings Group Inc (OTCMKTS:CMGO) were recently published by: Marketwired.com, which released: “CMG Holdings Group Announces the Spinout of Our Subsidiary, Good Gaming” on November 06, 2015. Prnewswire.com‘s article titled: “CMG Holdings Group Inc. Creative Management Group Inc. Agency Advises Client …” and published on October 27, 2011 is yet another important article.

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By Darrin Black


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