Short Interest in United Health Products, Inc. (OTCMKTS:UEEC) Increases By 613.0%

United Health Products, Inc. (OTCMKTS:UEEC - Get Free Report) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 16,400 shares, a growth of 613.0% from the February 28th total of 2,300 shares. Based on an average daily trading volume, of 193,600 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

United Health Products Price Performance

OTCMKTS UEEC traded up $0.00 on Friday, hitting $0.24. The company had a trading volume of 89,134 shares, compared to its average volume of 140,170. The company has a market capitalization of $62.73 million, a PE ratio of -24.49 and a beta of -0.53. United Health Products has a 12-month low of $0.05 and a 12-month high of $0.28. The company's fifty day moving average price is $0.13 and its 200-day moving average price is $0.11.

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

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.