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

United Utilities Group PLC (OTCMKTS:UUGRY) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totalling 12,300 shares, a drop of 65.1% from the July 15th total of 35,200 shares. Based on an average daily trading volume, of 287,200 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Barclays cut United Utilities Group from a “hold” rating to a “strong sell” rating in a research note on Monday, August 5th.

United Utilities Group Trading Up 2.0 %

OTCMKTS:UUGRY traded up $0.51 during trading hours on Wednesday, reaching $25.88. 47,559 shares of the company were exchanged, compared to its average volume of 86,480. The business has a 50 day moving average of $26.11 and a 200 day moving average of $26.34. United Utilities Group has a 1-year low of $22.37 and a 1-year high of $29.68.

United Utilities Group Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, August 8th. Stockholders of record on Friday, June 21st were paid a $0.7807 dividend. The ex-dividend date of this dividend was Friday, June 21st. This is a boost from United Utilities Group’s previous dividend of $0.39.

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.