United Utilities Group PLC (OTCMKTS:UUGRY) Short Interest Up 159.1% in July

United Utilities Group PLC (OTCMKTS:UUGRY) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 11,400 shares, agrowthof159.1% from the June 30th total of 4,400 shares. Based on an average trading volume of 71,500 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 71,500 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on UUGRY shares. UBS Group cut shares of United Utilities Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 29th. Royal Bank Of Canada cut shares of United Utilities Group from a “moderate buy” rating to a “hold” rating in a research report on Friday, June 20th.

United Utilities Group Trading Up 1.1%

OTCMKTS UUGRY opened at $30.59 on Tuesday. The company has a fifty day simple moving average of $30.74 and a two-hundred day simple moving average of $28.09. United Utilities Group has a 12-month low of $22.73 and a 12-month high of $32.03. The company has a quick ratio of 1.91, a current ratio of 1.94 and a debt-to-equity ratio of 5.16.

United Utilities Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, August 8th. Shareholders of record on Monday, June 23rd will be issued a $0.8506 dividend. This is an increase from United Utilities Group’s previous dividend of $0.44. This represents a dividend yield of 394.0%. The ex-dividend date of this dividend is Friday, June 20th.

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.