Short Interest in United-Guardian, Inc. (NASDAQ:UG) Decreases By 64.0%


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United-Guardian, Inc. (NASDAQ:UG) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 900 shares, a decrease of 64.0% from the December 15th total of 2,500 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

United-Guardian stock opened at $14.31 on Thursday. The company has a market capitalization of $65.68 million, a P/E ratio of 14.75 and a beta of -0.02. The stock’s 50 day moving average is $14.48 and its 200 day moving average is $14.78. United-Guardian has a twelve month low of $10.65 and a twelve month high of $20.05.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings results on Tuesday, November 10th. The company reported $0.16 earnings per share for the quarter. The company had revenue of $2.34 million for the quarter. United-Guardian had a return on equity of 39.88% and a net margin of 33.07%.

A hedge fund recently raised its stake in United-Guardian stock. BlackRock Inc. raised its holdings in shares of United-Guardian, Inc. (NASDAQ:UG) by 14.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 28,322 shares of the company’s stock after purchasing an additional 3,521 shares during the period. BlackRock Inc. owned approximately 0.62% of United-Guardian worth $429,000 at the end of the most recent quarter. 26.37% of the stock is currently owned by institutional investors.

About United-Guardian

United-Guardian, Inc manufactures and markets cosmetic ingredients, pharmaceuticals, medical lubricants, and specialty industrial products in the United States and internationally. It offers cosmetic ingredients, including LUBRAJEL line of water-based moisturizing and lubricating gel formulations; LUBRAJEL PF and NORGEL, a preservative-free form of LUBRAJEL; LUBRAJEL NATURAL, which are natural ingredients for cosmetic use; LUBRAJEL MARINE; LUBRASIL, a special formulation of LUBRAJEL in which silicone oil is incorporated into a LUBRAJEL base; LUBRAJEL II XD; LUBRASLIDE and B-122 powdered lubricants that are used in the manufacture of pressed powders, eyeliners, and rouges; KLENSOFT, a surfactant, which is used in shampoos, shower gels, makeup removers, and other cosmetic formulations; and ORCHID COMPLEX, an oil-soluble base for skin creams, lotions, cleansers, and other cosmetics.

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