CMG Holdings Group, Inc. (OTCMKTS:CMGO) Sees Significant Growth in Short Interest

CMG Holdings Group, Inc. (OTCMKTS:CMGO) saw a large increase in short interest in the month of May. As of May 28th, there was short interest totalling 31,600 shares, an increase of 3,060.0% from the May 13th total of 1,000 shares. Based on an average daily trading volume, of 1,876,500 shares, the short-interest ratio is currently 0.0 days.

OTCMKTS CMGO remained flat at $$0.01 during trading on Friday. The company’s stock had a trading volume of 690,501 shares, compared to its average volume of 2,987,044. The stock’s 50 day moving average is $0.01. CMG Holdings Group has a 52 week low of $0.00 and a 52 week high of $0.03.

About CMG Holdings Group

CMG Holdings Group, Inc, a marketing communications company, engages in the operation of organizations in the alternative advertising, digital media, experiential and interactive marketing, and entertainment sectors in the United States. The company is involved in the production and promotion, event design, sponsorship evaluation, negotiation and activation, talent buying, show production, stage and set design, and data analysis and management activities.

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