Short Interest in Ubisoft Entertainment SA (OTCMKTS:UBSFY) Increases By 662.3%

Ubisoft Entertainment SA (OTCMKTS:UBSFY) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 240,900 shares, an increase of 662.3% from the December 15th total of 31,600 shares. Based on an average daily volume of 579,900 shares, the short-interest ratio is currently 0.4 days.

Analyst Ratings Changes

UBSFY has been the topic of a number of recent research reports. Citigroup raised Ubisoft Entertainment to a “strong-buy” rating in a research note on Thursday, September 26th. UBS Group raised Ubisoft Entertainment from a “sell” rating to a “neutral” rating in a research note on Tuesday, October 8th. Sanford C. Bernstein raised shares of Ubisoft Entertainment from an “underperform” rating to a “market perform” rating in a research note on Monday, October 7th. Barclays upgraded shares of Ubisoft Entertainment to a “hold” rating in a report on Friday, September 27th. Finally, BMO Capital Markets upgraded shares of Ubisoft Entertainment from a “market perform” rating to an “outperform” rating in a report on Wednesday, September 18th. Ten research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Ubisoft Entertainment Stock Down 1.2 %

UBSFY traded down $0.03 during midday trading on Wednesday, hitting $2.37. The company’s stock had a trading volume of 119,823 shares, compared to its average volume of 237,439. Ubisoft Entertainment has a 52-week low of $2.03 and a 52-week high of $5.25. The firm has a 50-day moving average price of $2.62 and a two-hundred day moving average price of $3.14. The company has a quick ratio of 1.50, a current ratio of 1.51 and a debt-to-equity ratio of 1.15.

Ubisoft Entertainment Company Profile

Ubisoft Entertainment SA produce, publishes, and distributes video games for consoles, PC, smartphones, and tablets in both physical and digital formats in Europe, North America, and internationally. The company designs and develops software, including scenarios, animation, gameplay, layouts, and game rules, as well as develops design tools and game engines.