United-Guardian, Inc. (NASDAQ:UG) Short Interest Up 86.2% in March

United-Guardian, Inc. (NASDAQ:UGGet Rating) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 5,400 shares, a growth of 86.2% from the March 15th total of 2,900 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 12,600 shares, the days-to-cover ratio is currently 0.4 days.

UG opened at $24.69 on Friday. United-Guardian has a 12 month low of $13.68 and a 12 month high of $26.09. The business has a 50-day moving average of $20.43 and a two-hundred day moving average of $17.35.

An institutional investor recently bought a new position in United-Guardian stock. Hillsdale Investment Management Inc. bought a new position in United-Guardian, Inc. (NASDAQ:UGGet Rating) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,400 shares of the company’s stock, valued at approximately $72,000. Hillsdale Investment Management Inc. owned 0.10% of United-Guardian at the end of the most recent reporting period. 25.36% of the stock is owned by hedge funds and other institutional investors.

United-Guardian Company Profile (Get Rating)

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 NATURAL consisting of natural ingredients for cosmetic use; LUBRAJEL MARINE; LUBRASIL II SB, a special formulation of LUBRAJEL in which silicone oil is incorporated into a LUBRAJEL base; LUBRAJEL II XD; B-122, a powdered lubricant that is used in the manufacture of pressed powders, eyeliners, rouges, and industrial products; 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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