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

United Utilities Group PLC (OTCMKTS:UUGRY) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 12,300 shares, a drop of 65.1% from the July 15th total of 35,200 shares. Based on an average trading volume of 287,200 shares, the short-interest ratio is currently 0.0 days.

United Utilities Group Trading Up 2.3 %

Shares of OTCMKTS UUGRY traded up $0.58 during trading on Monday, reaching $25.31. The company had a trading volume of 515,800 shares, compared to its average volume of 86,785. United Utilities Group has a 12 month low of $22.37 and a 12 month high of $29.68. The company’s fifty day moving average price is $26.15 and its 200-day moving average price is $26.35.

United Utilities Group Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, August 8th. Shareholders of record on Friday, June 21st were issued a dividend of $0.7807 per share. This is a positive change from United Utilities Group’s previous dividend of $0.39. The ex-dividend date was Friday, June 21st.

Wall Street Analysts Forecast Growth

Separately, Barclays cut shares of United Utilities Group from a “hold” rating to a “strong sell” rating in a research note 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.