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

United Utilities Group PLC (OTCMKTS:UUGRY) saw a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 12,400 shares, a drop of 81.4% from the October 15th total of 66,800 shares. Based on an average daily volume of 206,900 shares, the days-to-cover ratio is currently 0.1 days.

United Utilities Group Stock Performance

Shares of OTCMKTS UUGRY traded up $0.37 during midday trading on Tuesday, hitting $27.39. The company had a trading volume of 28,532 shares, compared to its average volume of 79,272. United Utilities Group has a twelve month low of $24.47 and a twelve month high of $29.68. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.32. The business has a 50-day simple moving average of $27.54 and a two-hundred day simple moving average of $26.79.

Wall Street Analyst Weigh In

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