United Utilities Group PLC (OTCMKTS:UUGRY – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 51,872 shares, a growth of 100.8% from the September 15th total of 25,839 shares. Based on an average trading volume of 44,568 shares, the short-interest ratio is currently 1.2 days. Approximately 0.0% of the shares of the company are short sold.
United Utilities Group Trading Up 3.4%
Shares of UUGRY opened at $39.38 on Friday. The stock has a 50-day moving average price of $37.65 and a 200-day moving average price of $36.69. United Utilities Group has a 12-month low of $30.25 and a 12-month high of $40.43.
Analyst Ratings Changes
Separately, BNP Paribas Exane started coverage on United Utilities Group in a report on Monday, June 29th. They set an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.
Read Our Latest Analysis on UUGRY
About United Utilities Group
United Utilities Group plc is a regulated water and wastewater company serving customers across the North West of England. Through its operating subsidiary, United Utilities Water Limited, the company manages the collection, treatment and supply of drinking water, as well as the collection, treatment and disposal of wastewater.
The company operates an extensive network of reservoirs, treatment works, pumping stations, water mains and sewers. Its activities also include maintaining and upgrading water and wastewater infrastructure, improving environmental performance, managing water resources and supporting customer services for households and businesses.
United Utilities was formed in 1995 through the merger of North West Water and NORWEB.
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