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

United Health Products, Inc. (OTCMKTS:UEEC) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 108,800 shares, a decrease of 39.6% from the September 30th total of 180,000 shares. Based on an average daily volume of 491,200 shares, the short-interest ratio is presently 0.2 days.

United Health Products Price Performance

UEEC traded down $0.02 on Friday, hitting $0.11. 123,765 shares of the company’s stock were exchanged, compared to its average volume of 136,510. The stock has a fifty day moving average of $0.14 and a two-hundred day moving average of $0.16. United Health Products has a twelve month low of $0.07 and a twelve month high of $0.29.

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.