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

United-Guardian, Inc. (NASDAQ:UG) saw a significant decrease in short interest in June. As of June 15th, there was short interest totalling 4,400 shares, a decrease of 27.9% from the May 31st total of 6,100 shares. Based on an average daily volume of 7,800 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On United-Guardian

An institutional investor recently raised its position in United-Guardian stock. Rodgers Brothers Inc. boosted its holdings in United-Guardian, Inc. (NASDAQ:UG) by 5.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 100,100 shares of the company’s stock after buying an additional 4,750 shares during the quarter. Rodgers Brothers Inc. owned approximately 2.18% of United-Guardian worth $766,000 at the end of the most recent quarter. Institutional investors and hedge funds own 23.16% of the company’s stock.

United-Guardian Trading Down 3.7 %

Shares of NASDAQ UG opened at $8.94 on Monday. The stock has a market cap of $41.07 million, a P/E ratio of 14.90 and a beta of 0.77. United-Guardian has a 12-month low of $5.79 and a 12-month high of $9.64. The business’s fifty day simple moving average is $8.82 and its 200-day simple moving average is $8.25.

United-Guardian (NASDAQ:UG) last announced its quarterly earnings data on Friday, May 10th. The company reported $0.20 earnings per share (EPS) for the quarter. The business had revenue of $3.26 million for the quarter. United-Guardian had a return on equity of 25.18% and a net margin of 23.77%.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on United-Guardian in a research note on Monday. They set a “buy” rating on the stock.

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.