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

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

Wall Street Analysts Forecast Growth

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

United Utilities Group Stock Up 0.7 %

Shares of OTCMKTS UUGRY opened at $27.33 on Friday. The company has a fifty day moving average price of $27.54 and a 200 day moving average price of $26.90. United Utilities Group has a 1-year low of $24.47 and a 1-year high of $29.10. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.32.

United Utilities Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, January 21st. Stockholders of record on Friday, November 29th will be given a dividend of $0.4369 per share. The ex-dividend date of this dividend is Friday, November 29th.

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.