Short Interest in Publicis Groupe SA (OTCMKTS:PUBGY) Rises By 183.4%

Publicis Groupe SA (OTCMKTS:PUBGY) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 659,957 shares, an increase of 183.4% from the February 12th total of 232,903 shares. Based on an average daily volume of 636,294 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 636,294 shares, the days-to-cover ratio is presently 1.0 days.

Publicis Groupe Stock Performance

Shares of PUBGY stock opened at $21.46 on Wednesday. The stock’s fifty day moving average is $23.76 and its two-hundred day moving average is $24.31. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.94 and a current ratio of 0.97. Publicis Groupe has a fifty-two week low of $20.71 and a fifty-two week high of $28.73.

Analyst Ratings Changes

Several research analysts recently weighed in on PUBGY shares. Barclays downgraded shares of Publicis Groupe from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 4th. Citigroup upgraded Publicis Groupe to a “strong-buy” rating in a research note on Monday, January 12th. Three equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

Publicis Groupe Company Profile

Publicis Groupe (OTCMKTS:PUBGY) is a global advertising and communications holding company headquartered in Paris, France. Founded in 1926 by Marcel Bleustein-Blanchet, the company has grown into one of the world’s largest marketing, communication and digital transformation groups. Publicis provides a wide range of marketing services including creative advertising, media planning and buying, public relations, brand strategy, healthcare communications and experiential marketing.

In recent decades Publicis has expanded its capabilities into digital, data and technology-driven services through its network brands and acquisitions.