Short Interest in United Health Products, Inc. (OTCMKTS:UEEC) Declines By 39.6%

United Health Products, Inc. (OTCMKTS:UEEC) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 108,800 shares, a decrease of 39.6% from the September 30th total of 180,000 shares. Based on an average daily trading volume, of 491,200 shares, the short-interest ratio is currently 0.2 days.

United Health Products Stock Performance

Shares of OTCMKTS:UEEC opened at $0.11 on Friday. United Health Products has a 12-month low of $0.07 and a 12-month high of $0.29. The business has a 50 day moving average of $0.14 and a 200-day moving average of $0.16.

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.