United Utilities Group PLC (OTCMKTS:UUGRY) Stock Short Interest Declines 61.3%

United Utilities Group PLC (OTCMKTS:UUGRY) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 20,053 shares, a drop of 61.3% from the September 30th total of 51,872 shares. Based on an average trading volume of 70,023 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

United Utilities Group Stock Up 0.5%

Shares of UUGRY opened at $40.92 on Friday. The firm’s 50 day moving average is $38.03 and its 200-day moving average is $36.45. United Utilities Group has a 12 month low of $30.25 and a 12 month high of $41.18.

United Utilities Group Company Profile

United Utilities Group plc is a United Kingdom-based water and wastewater services company. Through its regulated subsidiary, United Utilities Water Limited, the company provides clean water and wastewater collection, treatment and disposal services across the North West of England.

The company operates and maintains a large regional network of reservoirs, water-treatment works, pumping stations, sewer systems and wastewater-treatment facilities. Its activities also include managing water resources, maintaining and upgrading infrastructure, supporting environmental protection and delivering services to household, commercial and industrial customers.

United Utilities was formed in 1995 through the merger of North West Water and NORWEB.