United-Guardian, Inc. (NASDAQ:UG) Short Interest Update

United-Guardian, Inc. (NASDAQ:UG) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 10,200 shares, a decrease of 48.5% from the October 31st total of 19,800 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 19,600 shares, the days-to-cover ratio is presently 0.5 days.

United-Guardian Stock Up 3.0 %

United-Guardian stock traded up $0.29 on Friday, reaching $9.84. 7,082 shares of the stock were exchanged, compared to its average volume of 13,148. United-Guardian has a twelve month low of $6.75 and a twelve month high of $16.25. The firm has a fifty day moving average price of $12.75 and a two-hundred day moving average price of $11.60.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.19 earnings per share for the quarter. The company had revenue of $3.06 million during the quarter. United-Guardian had a return on equity of 30.25% and a net margin of 28.30%.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on United-Guardian in a research note on Monday, August 26th. They issued a “buy” rating for the company.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Essex Investment Management Co. LLC acquired a new stake in United-Guardian during the third quarter valued at approximately $126,000. Geode Capital Management LLC boosted its stake in United-Guardian by 8.3% in the 3rd quarter. Geode Capital Management LLC now owns 28,335 shares of the company’s stock valued at $450,000 after buying an additional 2,170 shares in the last quarter. Finally, Renaissance Technologies LLC grew its position in United-Guardian by 1.1% in the second quarter. Renaissance Technologies LLC now owns 187,563 shares of the company’s stock valued at $1,677,000 after acquiring an additional 2,100 shares during the period. 23.16% of the stock is currently owned by institutional investors and hedge funds.

United-Guardian Company Profile

United-Guardian, Inc manufactures and markets cosmetic ingredients, pharmaceuticals, medical lubricants, and proprietary specialty industrial products in the United States and internationally The company offers cosmetic ingredients, including LUBRAJEL, a line of water-based gel formulation for sensory enhancement, lubrication, and texture to personal care products; LUBRAJEL NATURAL for skin moisturizing; LUBRAJEL MARINE that develops natural products using naturally derived polymers; LUBRAJEL OlL NATURAL, which makes luxuriant textures without adding viscosity; LUBRAJEL TERRA, a multifunctional, moisturizing hydrogel products; LUBRASIL II SB, a formulation of LUBRAJEL; LUBRAJEL II XD; B-122, a powdered lubricant used in the manufacture of pressed powders, eyeliners, rouges, and industrial products; and ORCHID COMPLEX, an oil-soluble base for extract of fresh orchids used in fragrance products, such as perfumes and toiletries.