Short Interest in United Utilities Group PLC (OTCMKTS:UUGRY) Decreases By 81.4%

United Utilities Group PLC (OTCMKTS:UUGRY) was the recipient of a significant drop in short interest in 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 short-interest ratio is presently 0.1 days.

United Utilities Group Stock Down 2.5 %

UUGRY stock traded down $0.69 during trading on Wednesday, hitting $26.70. The company had a trading volume of 19,289 shares, compared to its average volume of 103,752. United Utilities Group has a 1-year low of $24.47 and a 1-year high of $29.68. The firm has a 50-day moving average price of $27.54 and a 200-day moving average price of $26.79. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.14 and a current ratio of 0.14.

Analyst Ratings Changes

A number of research firms recently issued reports on UUGRY. Royal Bank of Canada upgraded United Utilities Group to a “moderate buy” rating in a report on Wednesday, October 9th. Barclays lowered United Utilities Group from a “hold” rating to a “strong sell” rating in a report on Monday, August 5th. 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.