United Health Products, Inc. (OTCMKTS:UEEC – Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 6,173 shares. Based on an average daily trading volume, of 114,524 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.
United Health Products Stock Down 13.7%
UEEC opened at $0.03 on Friday. The firm’s fifty day moving average price is $0.04 and its 200 day moving average price is $0.05. United Health Products has a 12-month low of $0.03 and a 12-month high of $0.12.
About United Health Products
United Health Products, Inc is a medical device company focused on developing, manufacturing and commercializing products designed to help control bleeding. Its primary product is HemoStyp, a patented hemostatic gauze intended for use in surgical and wound-care applications.
HemoStyp is made from a plant-derived material and is designed to support the body’s natural clotting process when applied to a bleeding site. The product is offered in multiple configurations for potential use in hospitals, surgical centers, trauma care, dental procedures and other medical settings.
United Health Products has focused on obtaining regulatory clearances and developing distribution opportunities for HemoStyp in the United States and selected international markets.
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