Ubisoft Entertainment SA (OTCMKTS:UBSFY) Sees Significant Growth in Short Interest

Ubisoft Entertainment SA (OTCMKTS:UBSFY) saw a significant increase in short interest in the month of 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 trading volume, of 579,900 shares, the days-to-cover ratio is presently 0.4 days.

Ubisoft Entertainment Price Performance

Shares of OTCMKTS UBSFY traded down $0.03 during trading hours on Tuesday, reaching $2.37. 119,823 shares of the stock traded hands, 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 company’s 50-day simple moving average is $2.64 and its two-hundred day simple moving average is $3.15. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.50 and a current ratio of 1.51.

Analyst Upgrades and Downgrades

UBSFY has been the topic of several recent analyst reports. Hsbc Global Res raised Ubisoft Entertainment to a “hold” rating in a research note on Friday, September 27th. Barclays upgraded shares of Ubisoft Entertainment to a “hold” rating in a research note on Friday, September 27th. Citigroup raised shares of Ubisoft Entertainment to a “strong-buy” rating in a report on Thursday, September 26th. BMO Capital Markets upgraded shares of Ubisoft Entertainment from a “market perform” rating to an “outperform” rating in a research note on Wednesday, September 18th. Finally, UBS Group raised shares of Ubisoft Entertainment from a “sell” rating to a “neutral” rating in a report on Tuesday, October 8th. Ten investment 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 data from MarketBeat, the stock has an average rating of “Hold”.

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.