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

United-Guardian, Inc. (NASDAQ:UG - Get Free Report) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 12,000 shares, a decline of 13.0% from the December 31st total of 13,800 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 16,200 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UG. Geode Capital Management LLC increased its holdings in shares of United-Guardian by 8.3% in the third quarter. Geode Capital Management LLC now owns 28,335 shares of the company's stock valued at $450,000 after purchasing an additional 2,170 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of United-Guardian by 1.1% during the second quarter. Renaissance Technologies LLC now owns 187,563 shares of the company's stock worth $1,677,000 after acquiring an additional 2,100 shares during the last quarter. Finally, Essex Investment Management Co. LLC acquired a new position in shares of United-Guardian during the third quarter valued at $126,000. Institutional investors own 23.16% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of United-Guardian in a report on Friday, January 31st. They set a "buy" rating for the company.

United-Guardian Stock Performance

Shares of NASDAQ:UG traded down $0.13 during midday trading on Wednesday, hitting $11.06. The company's stock had a trading volume of 13,320 shares, compared to its average volume of 7,105. The stock's 50 day simple moving average is $10.19 and its 200 day simple moving average is $11.88. The stock has a market capitalization of $50.74 million, a price-to-earnings ratio of 14.55 and a beta of 0.76. United-Guardian has a fifty-two week low of $7.02 and a fifty-two week high of $16.25.

United-Guardian (NASDAQ:UG - Get Free Report) last announced its quarterly earnings data on Friday, November 8th. The company reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $3.06 million for the quarter. United-Guardian had a net margin of 28.30% and a return on equity of 30.25%.

United-Guardian Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 12.66%. The ex-dividend date of this dividend is Monday, February 10th. United-Guardian's dividend payout ratio (DPR) is presently 92.11%.

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.