The United Laboratories International Holdings Limited (OTCMKTS:ULIHF) Sees Significant Increase in Short Interest

The United Laboratories International Holdings Limited (OTCMKTS:ULIHF) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 3,510,800 shares, a growth of 98.7% from the February 28th total of 1,766,800 shares. Based on an average daily trading volume, of 10,600 shares, the short-interest ratio is presently 331.2 days.

United Laboratories International Stock Performance

Shares of OTCMKTS:ULIHF remained flat at $1.78 during trading on Friday. The company’s 50-day moving average price is $1.59 and its 200-day moving average price is $1.36. United Laboratories International has a one year low of $1.15 and a one year high of $2.35.

United Laboratories International Company Profile

The United Laboratories International Holdings Limited, an investment holding company, engages in the research and development, manufacture, distribution, and sale of pharmaceutical products. It operates through three segments: Bulk Medicine, Intermediate Products, and Finished Products. The company offers oral antibiotics, antimicrobials for injection, anti-cold products, cough medicines, ophthalmic drugs, antiviral drugs, anti-hepatitis B drugs, diabetes drugs, skin drugs for external use, cardiovascular and cerebrovascular drugs, amoxicillin products, nervous system drugs, vitamins, veterinary drugs, and vacant gelatin capsules.