Short Interest in United Utilities Group PLC (OTCMKTS:UUGRY) Declines By 57.3%

United Utilities Group PLC (OTCMKTS:UUGRY) was the target of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 16,300 shares, a decrease of 57.3% from the November 15th total of 38,200 shares. Based on an average trading volume of 321,100 shares, the short-interest ratio is currently 0.1 days.

United Utilities Group Stock Performance

Shares of OTCMKTS UUGRY opened at $27.33 on Friday. 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 business’s 50 day moving average price is $27.54 and its two-hundred day moving average price is $26.90. United Utilities Group has a twelve month low of $24.47 and a twelve month high of $29.10.

United Utilities Group Cuts Dividend

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

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Citigroup raised United Utilities Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 5th. Royal Bank of Canada raised shares of United Utilities Group to a “moderate buy” rating in a research report on Wednesday, October 9th. Finally, Barclays raised shares of United Utilities Group from a “strong sell” rating to a “hold” rating in a research report on Thursday.

United Utilities Group Company Profile

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.