United-Guardian, Inc. (NASDAQ:UG) Short Interest Up 29.4% in July

United-Guardian, Inc. (NASDAQ:UGGet Rating) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 4,400 shares, a growth of 29.4% from the June 30th total of 3,400 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is currently 0.3 days.

United-Guardian Trading Up 1.9 %

UG stock opened at $15.95 on Wednesday. United-Guardian has a 12-month low of $13.40 and a 12-month high of $26.09. The business’s fifty day moving average price is $16.41 and its 200 day moving average price is $18.73.

United-Guardian (NASDAQ:UGGet Rating) last posted its quarterly earnings data on Thursday, May 12th. The company reported $0.20 earnings per share (EPS) for the quarter. The firm had revenue of $3.89 million for the quarter. United-Guardian had a return on equity of 40.90% and a net margin of 30.50%.

United-Guardian Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 1st. Investors of record on Monday, May 23rd were issued a $0.37 dividend. The ex-dividend date of this dividend was Friday, May 20th. This represents a $1.48 annualized dividend and a dividend yield of 9.28%. United-Guardian’s dividend payout ratio is presently 77.90%.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on United-Guardian in a research report on Thursday, July 28th. They issued a “buy” rating on the stock.

Institutional Investors Weigh In On United-Guardian

Several institutional investors and hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its holdings in United-Guardian by 1.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 107,356 shares of the company’s stock worth $2,420,000 after purchasing an additional 1,694 shares during the period. Neuberger Berman Group LLC increased its holdings in United-Guardian by 66.6% during the 1st quarter. Neuberger Berman Group LLC now owns 93,340 shares of the company’s stock worth $2,123,000 after purchasing an additional 37,300 shares during the period. Ellsworth Advisors LLC purchased a new stake in United-Guardian during the 2nd quarter worth about $334,000. UBS Group AG increased its holdings in United-Guardian by 7.3% during the 1st quarter. UBS Group AG now owns 17,657 shares of the company’s stock worth $401,000 after purchasing an additional 1,207 shares during the period. Finally, Hillsdale Investment Management Inc. purchased a new stake in United-Guardian during the 4th quarter worth about $72,000.

United-Guardian Company Profile

(Get Rating)

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 line of water-based moisturizing and lubricating gel formulations; LUBRAJEL NATURAL consisting of natural ingredients for cosmetic use; LUBRAJEL MARINE; LUBRASIL II SB, a special formulation of LUBRAJEL in which silicone oil is incorporated into a LUBRAJEL base; LUBRAJEL II XD; B-122, a powdered lubricant that is used in the manufacture of pressed powders, eyeliners, rouges, and industrial products; KLENSOFT, a surfactant, which is used in shampoos, shower gels, makeup removers, and other cosmetic formulations; and ORCHID COMPLEX, an oil-soluble base for skin creams, lotions, cleansers, and other cosmetics.

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