Short Interest in Publicis Groupe S.A. (OTCMKTS:PUBGY) Decreases By 25.2%

Publicis Groupe S.A. (OTCMKTS:PUBGY) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 48,000 shares, a drop of 25.2% from the December 15th total of 64,200 shares. Based on an average daily volume of 119,200 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Citigroup upgraded Publicis Groupe to a “hold” rating in a research report on Wednesday, October 9th. JPMorgan Chase & Co. raised shares of Publicis Groupe from a “neutral” rating to an “overweight” rating in a research note on Wednesday, December 11th.

Publicis Groupe Trading Down 0.2 %

PUBGY traded down $0.04 during trading on Wednesday, hitting $25.23. The company had a trading volume of 89,498 shares, compared to its average volume of 98,631. Publicis Groupe has a one year low of $23.32 and a one year high of $29.25. The firm’s 50-day moving average price is $26.80 and its 200 day moving average price is $26.73.

Publicis Groupe Company Profile

Publicis Groupe SA provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East. The company offers advisory services for brand strategy, and repositioning and their identity under the Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, Marcel, Fallon, and BBH brands; online advertising services under the Razorfish and Moxie brand names; crisis communications, press relations, public affairs, institutional relations, financial communications, and strategy management services; media consulting, planning, and buying services; performance marketing services; and e-commerce services.