UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) Short Interest Update

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 13,718 shares, a growth of 62.0% from the July 30th total of 8,467 shares. Based on an average daily volume of 87,872 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, Wedbush cut UbiSoft Entertainment from an “outperform” rating to a “neutral” rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

UbiSoft Entertainment Price Performance

UBSFY opened at $1.13 on Wednesday. The company has a debt-to-equity ratio of 1.24, a current ratio of 2.55 and a quick ratio of 2.55. UbiSoft Entertainment has a 52-week low of $0.80 and a 52-week high of $2.40. The business’s fifty day moving average is $1.20 and its 200-day moving average is $1.08.

UbiSoft Entertainment Company Profile

UbiSoft Entertainment is a global video game developer and publisher known for creating and distributing interactive entertainment across multiple platforms, including consoles, PCs and mobile devices. The company’s portfolio spans a wide array of genres, with flagship franchises such as Assassin’s Creed, Far Cry, Tom Clancy’s Rainbow Six and Watch Dogs. In addition to traditional game releases, UbiSoft provides digital services through its Ubisoft Connect platform, offering players social features, cloud saves and cross-platform progression.

Founded in 1986 in Carentoir, France, UbiSoft has grown into one of the largest independent game publishers worldwide.