United Utilities Group PLC (OTCMKTS:UUGRY) Short Interest Up 208.1% in November

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

United Utilities Group Stock Performance

UUGRY stock opened at $28.67 on Friday. 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 moving average of $27.54 and a 200 day moving average of $26.86. 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 company also recently declared a dividend, which will be paid on Tuesday, January 21st. Investors of record on Friday, November 29th will be paid a $0.4369 dividend. The ex-dividend date of this dividend is Friday, November 29th.

Wall Street Analyst Weigh In

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