United Utilities Group PLC (OTCMKTS:UUGRY) Sees Large Decline in Short Interest

United Utilities Group PLC (OTCMKTS:UUGRY) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 7,900 shares, a decrease of 30.7% from the February 29th total of 11,400 shares. Based on an average trading volume of 46,500 shares, the days-to-cover ratio is presently 0.2 days.

United Utilities Group Price Performance

United Utilities Group stock traded down $0.45 during midday trading on Friday, reaching $26.03. 17,966 shares of the company’s stock were exchanged, compared to its average volume of 27,979. The company has a current ratio of 1.80, a quick ratio of 1.78 and a debt-to-equity ratio of 4.13. The stock’s 50-day simple moving average is $26.47 and its 200 day simple moving average is $26.31. United Utilities Group has a 52 week low of $22.37 and a 52 week high of $29.68.

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.