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

United Utilities Group PLC (OTCMKTS:UUGRY) saw a significant growth in short interest in the month of 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 trading volume of 101,400 shares, the days-to-cover ratio is presently 0.3 days.

United Utilities Group Trading Up 1.3 %

Shares of United Utilities Group stock opened at $24.72 on Thursday. The company has a 50 day simple moving average of $26.23 and a two-hundred day simple moving average of $26.71. United Utilities Group has a 1 year low of $22.73 and a 1 year high of $29.10.

United Utilities Group Cuts Dividend

The company also recently announced 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.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Royal Bank of Canada raised shares of United Utilities Group to a “moderate buy” rating in a report on Wednesday, October 9th. Citigroup raised shares of United Utilities Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 5th. Finally, Barclays upgraded United Utilities Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, December 12th.

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.