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 January. As of January 15th, there was short interest totalling 28,600 shares, a growth of 148.7% from the December 31st total of 11,500 shares. Based on an average daily volume of 101,400 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

UUGRY has been the topic of several analyst reports. Royal Bank of Canada upgraded shares of United Utilities Group to a “moderate buy” rating in a report on Wednesday, October 9th. Barclays upgraded United Utilities Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 12th. Finally, Citigroup raised United Utilities Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 5th.

United Utilities Group Stock Up 1.3 %

OTCMKTS UUGRY opened at $24.72 on Thursday. The firm’s 50-day simple moving average is $26.23 and its two-hundred day simple moving average is $26.71. United Utilities Group has a 52 week low of $22.73 and a 52 week high of $29.10.

United Utilities Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, January 21st. Investors of record on Friday, November 29th were paid a $0.4369 dividend. The ex-dividend date of this dividend was Friday, November 29th.

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.