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

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

Analyst Ratings Changes

A number of brokerages recently commented on UBSFY. Sanford C. Bernstein upgraded shares of Ubisoft Entertainment from an “underperform” rating to a “market perform” rating in a research note on Monday, October 7th. UBS Group upgraded Ubisoft Entertainment from a “sell” rating to a “neutral” rating in a research report on Tuesday, October 8th. Benchmark upgraded Ubisoft Entertainment to a “hold” rating in a research report on Monday, September 30th. Finally, Stifel Nicolaus downgraded Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th. Ten equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Ubisoft Entertainment Trading Down 1.5 %

Shares of UBSFY traded down $0.04 during mid-day trading on Tuesday, reaching $2.42. The stock had a trading volume of 127,242 shares, compared to its average volume of 265,015. Ubisoft Entertainment has a 12 month low of $2.03 and a 12 month high of $5.25. The business has a fifty day moving average of $2.55 and a 200 day moving average of $3.02. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.50 and a current ratio of 1.51.

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.