United Utilities Group PLC (OTCMKTS:UUGRY) Short Interest Up 172.8% in July

United Utilities Group PLC (OTCMKTS:UUGRY) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 31,100 shares, anincreaseof172.8% from the July 15th total of 11,400 shares. Based on an average daily trading volume, of 113,400 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 113,400 shares, the short-interest ratio is presently 0.3 days.

United Utilities Group Trading Up 0.2%

Shares of OTCMKTS:UUGRY opened at $30.83 on Friday. United Utilities Group has a 12 month low of $22.73 and a 12 month high of $32.03. The stock’s 50 day moving average price is $30.62 and its 200 day moving average price is $28.46. The company has a debt-to-equity ratio of 5.16, a current ratio of 1.94 and a quick ratio of 1.91.

United Utilities Group Increases Dividend

The company also recently announced a dividend, which was paid on Friday, August 8th. Investors of record on Monday, June 23rd were issued a dividend of $0.8506 per share. The ex-dividend date of this dividend was Friday, June 20th. This is a positive change from United Utilities Group’s previous dividend of $0.44. This represents a yield of 394.0%.

Analysts Set New Price Targets

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