A Reversal for UMF GROUP INC (OTCMKTS:UMFG) Is Not Near. The Stock Has Rise in Shorts

March 14, 2018 - By Vivian Park

The stock of UMF GROUP INC (OTCMKTS:UMFG) registered an increase of 205.99% in short interest. UMFG’s total short interest was 51,100 shares in March as published by FINRA. Its up 205.99% from 16,700 shares, reported previously.

The stock decreased 1.70% or $0.001 during the last trading session, reaching $0.058. About 61,092 shares traded. UMF Group Inc. (OTCMKTS:UMFG) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% 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 $23,247. The firm was formerly known as American Community Development Inc. and changed its name to UMF Group Inc. in February 2017. It has a 4.83 P/E ratio.

More important recent UMF Group Inc. (OTCMKTS:UMFG) news were published by: Globenewswire.com which released: “UMF Group Inc. Updates Development of CryptoSecure HD Cryptocurrency Wallet …” on February 05, 2018, also Globenewswire.com published article titled: “UMF Group Inc. Announces Corporate Website”, Globenewswire.com published: “UMF Group Inc. Corporate Update” on May 23, 2017. More interesting news about UMF Group Inc. (OTCMKTS:UMFG) was released by: Globenewswire.com and their article: “UMF Group Inc. Discusses the Future of Secure Cryptocurrencies” with publication date: February 09, 2018.

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