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

United Utilities Group PLC (OTCMKTS:UUGRY) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 9,845 shares, a decrease of 60.1% from the May 31st total of 24,690 shares. Based on an average trading volume of 122,048 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

UUGRY has been the subject of a number of recent analyst reports. Citigroup cut shares of United Utilities Group from a “buy” rating to a “neutral” rating in a research note on Friday, May 1st. Royal Bank Of Canada reissued a “sector perform” rating on shares of United Utilities Group in a research note on Tuesday, May 5th. BNP Paribas Exane initiated coverage on United Utilities Group in a research report on Monday. They set an “outperform” rating for the company. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of United Utilities Group in a report on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, United Utilities Group presently has a consensus rating of “Moderate Buy”.

United Utilities Group Stock Performance

United Utilities Group stock opened at $34.68 on Monday. The company has a quick ratio of 2.21, a current ratio of 2.22 and a debt-to-equity ratio of 5.50. The company has a 50 day moving average price of $35.96 and a 200-day moving average price of $34.95. United Utilities Group has a fifty-two week low of $29.20 and a fifty-two week high of $40.43.

United Utilities Group Company Profile

United Utilities Group (OTCMKTS:UUGRY) is a leading regulated water and wastewater services provider in the United Kingdom, serving more than seven million residents and businesses across North West England. Headquartered in Warrington, the company manages an integrated network of treatment works, reservoirs, pumping stations and more than 26,000 kilometres of water mains. Through its regulated arm, it supplies potable water and collects, transports and treats wastewater, ensuring compliance with environmental and public health standards set by Ofwat and the Environment Agency.

In addition to its core water and wastewater operations, United Utilities has expanded into related services including flood risk management, environmental consultancy and renewable energy generation.