United Utilities Group PLC (OTCMKTS:UUGRY) Short Interest Update

United Utilities Group PLC (OTCMKTS:UUGRY) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 38,200 shares, a growth of 208.1% from the October 31st total of 12,400 shares. Based on an average daily trading volume, of 173,300 shares, the short-interest ratio is presently 0.2 days.

United Utilities Group Price Performance

UUGRY traded down $0.35 during trading on Wednesday, hitting $28.16. The stock had a trading volume of 16,399 shares, compared to its average volume of 158,798. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.14 and a quick ratio of 0.14. The stock has a 50 day simple moving average of $27.53 and a two-hundred day simple moving average of $26.85. United Utilities Group has a twelve month low of $24.47 and a twelve month high of $29.68.

United Utilities Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, January 21st. Investors of record on Friday, November 29th will be paid a dividend of $0.4369 per share. The ex-dividend date of this dividend is Friday, November 29th.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UUGRY. Citigroup upgraded shares of United Utilities Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 5th. Royal Bank of Canada raised United Utilities Group to a “moderate buy” rating in a research report on Wednesday, October 9th. Finally, Barclays cut United Utilities Group from a “hold” rating to a “strong sell” rating in a research note on Monday, August 5th.

About United Utilities Group

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 43,000 kilometers of water pipes; and 79,000 kilometers of wastewater pipes.