Short Interest in United Health Products, Inc. (OTCMKTS:UEEC) Declines By 89.6%

United Health Products, Inc. (OTCMKTS:UEEC - Get Free Report) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totalling 2,800 shares, a decrease of 89.6% from the April 30th total of 26,800 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 115,900 shares, the short-interest ratio is presently 0.0 days.

United Health Products Price Performance

UEEC remained flat at $0.21 on Friday. The company's stock had a trading volume of 7,810 shares, compared to its average volume of 107,816. United Health Products has a fifty-two week low of $0.05 and a fifty-two week high of $0.28. The firm's fifty day moving average price is $0.24 and its 200-day moving average price is $0.15. The stock has a market cap of $53.79 million, a P/E ratio of -10.50 and a beta of -1.32.

United Health Products (OTCMKTS:UEEC - Get Free Report) last released its quarterly earnings results on Friday, March 28th. The company reported ($0.01) EPS for the quarter.

United Health Products Company Profile

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.