United Health Products, Inc. (OTCMKTS:UEEC) Sees Large Decline in Short Interest

by · The Cerbat Gem

United Health Products, Inc. (OTCMKTS:UEEC – Get Free Report) was the recipient of a significant decline in short interest in August. As of August 15th, there was short interest totaling 5,900 shares, adeclineof84.5% from the July 31st total of 38,100 shares. Based on an average daily volume of 264,000 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 264,000 shares, the short-interest ratio is presently 0.0 days.

United Health Products Trading Down 14.1%

Shares of UEEC stock traded down $0.01 on Tuesday, reaching $0.07. 424,794 shares of the stock were exchanged, compared to its average volume of 149,388. United Health Products has a twelve month low of $0.05 and a twelve month high of $0.28. The company has a market capitalization of $18.89 million, a price-to-earnings ratio of -3.68 and a beta of -1.48. The business’s 50 day moving average price is $0.09 and its 200 day moving average price is $0.16.

About United Health Products

(Get Free Report)

United Health Products, Inc develops, manufactures, and markets hemostatic gauze products for the healthcare and wound care sectors in the United States. The company offers HemoStyp hemostatic gauze products to absorb exudate/drainage from superficial wounds, as well as helps in controlling bleeding.

Further Reading