United Utilities Group PLC (OTCMKTS:UUGRY) short interest rose 2,612.5% ​​in August

United Utilities Group PLC (OTCMKTS:UUGRY – Get Free Report ) was the beneficiary of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 43,400 shares, an increase of 2,612.5% ​​from the August 15th total of 1,600 shares. Based on an average daily trading volume of 69,000 shares, the days-to-cover ratio is currently 0.6 days.

Analysts set new price targets

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

Check out the latest stock analysis on United Utilities Group

United Utilities Group price performance

Shares of OTCMKTS UUGRY stock opened at $27.81 on Friday. United Utilities Group has a twelve month low of $22.37 and a twelve month high of $29.68. The firm has a fifty day simple moving average of $26.47 and a 200 day simple moving average of $26.38.

United Utilities Group Company Profile

(Get a free report)

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is involved in the activities of renewable energy generation, corporate trustee, financing and property management; and providing consulting and project management services. The company operates 43,000 kilometers of water pipes; and 79,000 kilometers of waste water pipes.

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