United-Guardian, Inc. (NASDAQ:UG) Sees Significant Increase in Short Interest

by · The Markets Daily

United-Guardian, Inc. (NASDAQ:UG – Get Free Report) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 11,544 shares, a growth of 85.0% from the July 30th total of 6,241 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 8,926 shares, the days-to-cover ratio is presently 1.3 days.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of United-Guardian from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, United-Guardian currently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on UG

Hedge Funds Weigh In On United-Guardian

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Renaissance Technologies LLC lifted its stake in shares of United-Guardian by 1.0% in the 4th quarter. Renaissance Technologies LLC now owns 186,645 shares of the company’s stock worth $1,150,000 after acquiring an additional 1,882 shares during the period. Gamco Investors INC. ET AL lifted its position in United-Guardian by 1.2% in the first quarter. Gamco Investors INC. ET AL now owns 164,388 shares of the company’s stock worth $1,101,000 after purchasing an additional 1,888 shares during the period. Geode Capital Management LLC lifted its position in United-Guardian by 8.2% in the fourth quarter. Geode Capital Management LLC now owns 35,560 shares of the company’s stock worth $219,000 after purchasing an additional 2,691 shares during the period. BlackRock Inc. bought a new position in United-Guardian during the 2nd quarter valued at $105,000. Finally, United Capital Financial Advisors LLC bought a new position in United-Guardian during the 2nd quarter valued at $143,000. Institutional investors own 23.16% of the company’s stock.

United-Guardian Trading Down 0.7%

Shares of NASDAQ UG opened at $7.15 on Friday. The stock has a 50 day simple moving average of $7.27 and a 200-day simple moving average of $6.94. The company has a market cap of $32.85 million, a PE ratio of 13.24 and a beta of 0.95. United-Guardian has a 12-month low of $5.58 and a 12-month high of $8.77.

United-Guardian (NASDAQ:UG – Get Free Report) last posted its earnings results on Friday, August 7th. The company reported $0.16 EPS for the quarter. The firm had revenue of $3.11 million for the quarter. United-Guardian had a return on equity of 22.24% and a net margin of 22.01%.

United-Guardian Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, August 4th. Stockholders of record on Tuesday, July 28th were issued a dividend of $0.30 per share. This represents a dividend yield of 819.0%. The ex-dividend date of this dividend was Tuesday, July 28th. United-Guardian’s dividend payout ratio (DPR) is 111.11%.

United-Guardian Company Profile

(Get Free Report)

United-Guardian, Inc, headquartered in Hauppauge, New York, develops and supplies specialty ingredients and finished products for the personal care, cosmetic and esthetic markets. Its Specialty Ingredients segment offers antimicrobial preservatives, conditioning polymers, emulsifiers, UV filters and other functional actives that are incorporated into lotions, creams, shampoos and professional esthetic formulations.

The company’s Finished Products segment markets a range of skin and hair care items under the Guardian brand, providing private-label and contract manufacturing services to spas, salons and dermatology clinics.

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