United Utilities Group PLC (OTCMKTS:UUGRY) Short Interest Down 81.4% in October

United Utilities Group PLC (OTCMKTS:UUGRY) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 12,400 shares, a decrease of 81.4% from the October 15th total of 66,800 shares. Based on an average daily volume of 206,900 shares, the short-interest ratio is currently 0.1 days.

United Utilities Group Stock Down 0.1 %

Shares of OTCMKTS:UUGRY opened at $26.67 on Thursday. 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 52-week low of $24.47 and a 52-week high of $29.68. The company has a fifty day moving average of $27.53 and a 200-day moving average of $26.79.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on UUGRY shares. Barclays lowered United Utilities Group from a “hold” rating to a “strong sell” rating in a research note on Monday, August 5th. Citigroup raised shares of United Utilities Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 5th. Finally, Royal Bank of Canada raised shares of United Utilities Group to a “moderate buy” rating in a report 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.