Ubisoft Entertainment SA (OTCMKTS:UBSFY) Short Interest Update

Ubisoft Entertainment SA (OTCMKTS:UBSFY) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 11,100 shares, an increase of 1,010.0% from the July 15th total of 1,000 shares. Based on an average daily trading volume, of 125,100 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Cantor Fitzgerald raised shares of Ubisoft Entertainment from a “neutral” rating to an “overweight” rating in a research report on Monday, May 20th. Stifel Nicolaus upgraded shares of Ubisoft Entertainment from a “hold” rating to a “buy” rating in a report on Tuesday, May 7th. Finally, Jefferies Financial Group raised Ubisoft Entertainment from an “underperform” rating to a “buy” rating in a research note on Monday, July 8th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Ubisoft Entertainment Trading Up 1.3 %

Ubisoft Entertainment stock traded up $0.05 during mid-day trading on Wednesday, reaching $3.73. 19,902 shares of the company traded hands, compared to its average volume of 41,979. 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 has a 52-week low of $3.56 and a 52-week high of $6.57. The firm’s 50 day moving average price is $4.33 and its 200 day moving average price is $4.46.

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.