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

United Health Products, Inc. (OTCMKTS:UEEC) was the recipient of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 92,800 shares, a decline of 15.6% from the October 31st total of 110,000 shares. Based on an average daily volume of 348,100 shares, the short-interest ratio is presently 0.3 days.

United Health Products Stock Performance

Shares of OTCMKTS UEEC opened at $0.08 on Monday. The stock’s fifty day moving average is $0.11 and its 200 day moving average is $0.15. United Health Products has a 52 week low of $0.06 and a 52 week high of $0.28.

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.