Short Interest in United Health Products, Inc. (OTCMKTS:UEEC) Rises By 44.0%

United Health Products, Inc. (OTCMKTS:UEEC) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 159,600 shares, an increase of 44.0% from the August 15th total of 110,800 shares. Based on an average daily volume of 276,400 shares, the short-interest ratio is currently 0.6 days.

United Health Products Stock Performance

Shares of OTCMKTS:UEEC traded up $0.00 during mid-day trading on Monday, reaching $0.16. 85,800 shares of the company were exchanged, compared to its average volume of 126,945. The firm’s 50-day simple moving average is $0.17 and its 200 day simple moving average is $0.18. United Health Products has a 1 year low of $0.11 and a 1 year high of $0.29.

About United Health Products

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.