Short Interest in United Utilities Group PLC (OTCMKTS:UUGRY) Rises By 271.1%

United Utilities Group PLC (OTCMKTS:UUGRY) saw a large growth in short interest in October. As of October 15th, there was short interest totalling 66,800 shares, a growth of 271.1% from the September 30th total of 18,000 shares. Based on an average daily trading volume, of 119,800 shares, the days-to-cover ratio is currently 0.6 days.

United Utilities Group Stock Performance

Shares of OTCMKTS:UUGRY traded down $0.41 during trading hours on Friday, hitting $27.30. 114,263 shares of the company’s stock traded hands, compared to its average volume of 78,793. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.14 and a current ratio of 0.14. The company’s fifty day simple moving average is $27.35 and its two-hundred day simple moving average is $26.66. United Utilities Group has a 52 week low of $24.47 and a 52 week high of $29.68.

Analyst Ratings Changes

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