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

Posted by Andrew Walz on Nov 28th, 2024

United Utilities Group PLC (OTCMKTS:UUGRY – Get Free Report) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 38,200 shares, an increase of 208.1% from the October 31st total of 12,400 shares. Based on an average daily volume of 173,300 shares, the short-interest ratio is presently 0.2 days.

United Utilities Group Stock Up 1.8 %

UUGRY traded up $0.51 during trading on Thursday, hitting $28.67. The company had a trading volume of 467,795 shares, compared to its average volume of 86,941. The business has a 50-day moving average of $27.54 and a 200-day moving average of $26.86. 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 1-year low of $24.47 and a 1-year high of $29.68.

United Utilities Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, January 21st. Investors of record on Friday, November 29th will be issued a $0.4369 dividend. The ex-dividend date of this dividend is Friday, November 29th.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Report on United Utilities Group

United Utilities Group Company Profile

(Get Free Report)

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.