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

United-Guardian, Inc. (NASDAQ:UG) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 6,100 shares, a decline of 27.4% from the May 15th total of 8,400 shares. Based on an average trading volume of 8,600 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Investors Weigh In On United-Guardian

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

United-Guardian Stock Performance

UG traded up $0.18 during mid-day trading on Friday, reaching $9.00. 5,428 shares of the stock were exchanged, compared to its average volume of 6,998. The company has a 50 day moving average price of $8.53 and a two-hundred day moving average price of $8.17. The stock has a market capitalization of $41.31 million, a PE ratio of 15.00 and a beta of 0.77. United-Guardian has a 1 year low of $5.79 and a 1 year high of $9.54.

United-Guardian (NASDAQ:UG) last announced its earnings results on Friday, May 10th. The company reported $0.20 earnings per share for the quarter. The firm 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 assumed coverage on United-Guardian in a research note on Saturday. They set a “buy” rating on the stock.

About United-Guardian

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.