United-Guardian, Inc. (NASDAQ:UG – Get Rating) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totalling 4,100 shares, a decline of 47.4% from the April 15th total of 7,800 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 13,800 shares, the days-to-cover ratio is currently 0.3 days.
A hedge fund recently raised its stake in United-Guardian stock. Morgan Stanley grew its stake in shares of United-Guardian, Inc. (NASDAQ:UG – Get Rating) by 18.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,413 shares of the company’s stock after purchasing an additional 1,158 shares during the period. Morgan Stanley owned approximately 0.16% of United-Guardian worth $105,000 at the end of the most recent reporting period.
Shares of UG opened at $17.19 on Friday. The stock has a market capitalization of $78.90 million, a P/E ratio of 17.02 and a beta of 0.09. The company’s fifty day moving average is $21.23 and its two-hundred day moving average is $18.35. United-Guardian has a 1 year low of $13.68 and a 1 year high of $26.09.
About United-Guardian (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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