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

United Utilities Group PLC (OTCMKTS:UUGRY) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 20,053 shares, a decline of 61.3% from the September 30th total of 51,872 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 70,023 shares, the short-interest ratio is presently 0.3 days.

United Utilities Group Stock Up 0.8%

Shares of UUGRY opened at $40.70 on Friday. United Utilities Group has a fifty-two week low of $30.25 and a fifty-two week high of $40.87. The firm’s 50 day moving average price is $37.99 and its 200 day moving average price is $36.41.

About United Utilities Group

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.