United Health Products, Inc. (OTCMKTS:UEEC – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 6,173 shares. Based on an average daily volume of 114,524 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.
United Health Products Stock Performance
Shares of OTCMKTS:UEEC opened at $0.03 on Friday. The firm’s 50 day moving average is $0.04 and its two-hundred day moving average is $0.05. United Health Products has a 52 week low of $0.03 and a 52 week high of $0.12.
United Health Products Company Profile
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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