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

United-Guardian, Inc. (NASDAQ:UG) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 19,800 shares, a growth of 57.1% from the October 15th total of 12,600 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 20,100 shares, the days-to-cover ratio is presently 1.0 days.

United-Guardian Stock Performance

Shares of United-Guardian stock opened at $9.55 on Friday. United-Guardian has a 1 year low of $6.75 and a 1 year high of $16.25. The business has a 50-day moving average of $13.58 and a two-hundred day moving average of $11.50.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $3.06 million during the quarter. United-Guardian had a return on equity of 30.13% and a net margin of 28.30%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of UG. Essex Investment Management Co. LLC bought a new position in shares of United-Guardian during the third quarter worth about $126,000. Rodgers Brothers Inc. grew its holdings in shares of United-Guardian by 5.0% during the first quarter. Rodgers Brothers Inc. now owns 100,100 shares of the company’s stock worth $766,000 after buying an additional 4,750 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in shares of United-Guardian by 1.1% during the second quarter. Renaissance Technologies LLC now owns 187,563 shares of the company’s stock worth $1,677,000 after buying an additional 2,100 shares in the last quarter. 23.16% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

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.