Short Interest in Publicis Groupe SA (OTCMKTS:PUBGY) Grows By 138.5%

Publicis Groupe SA (OTCMKTS:PUBGY) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,594,914 shares, an increase of 138.5% from the July 30th total of 668,615 shares. Based on an average trading volume of 384,019 shares, the short-interest ratio is currently 4.2 days. Approximately 0.2% of the shares of the stock are sold short.

Analyst Ratings Changes

A number of research firms recently weighed in on PUBGY. Berenberg Bank upgraded Publicis Groupe to a “strong-buy” rating in a report on Tuesday, June 9th. The Goldman Sachs Group raised Publicis Groupe to a “strong-buy” rating in a report on Wednesday, June 3rd. Four investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Publicis Groupe Trading Down 0.5%

Shares of PUBGY opened at $29.30 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.94 and a current ratio of 0.97. The company has a 50-day moving average of $26.73 and a two-hundred day moving average of $24.18. Publicis Groupe has a 12-month low of $19.72 and a 12-month high of $30.57.

About Publicis Groupe

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.