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

United Utilities Group PLC (OTCMKTS:UUGRY - Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 66,800 shares, an increase 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 UUGRY stock traded down $0.19 on Friday, hitting $27.11. The company had a trading volume of 8,888 shares, compared to its average volume of 78,491. The stock's 50-day moving average is $27.35 and its two-hundred day moving average is $26.66. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.32. United Utilities Group has a twelve month low of $24.47 and a twelve month high of $29.68.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Barclays lowered shares of United Utilities Group from a "hold" rating to a "strong sell" rating in a report on Monday, August 5th. Royal Bank of Canada raised shares of United Utilities Group to a "moderate buy" rating in a research note on Wednesday, October 9th.

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.