UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) Sees Significant Decrease in Short Interest

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 9,708 shares, a decrease of 51.4% from the September 15th total of 19,967 shares. Based on an average trading volume of 58,708 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

UbiSoft Entertainment Price Performance

UbiSoft Entertainment stock opened at $1.08 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 twelve month low of $0.80 and a twelve month high of $2.04. The company’s 50-day moving average price is $1.15 and its two-hundred day moving average price is $1.13.

Analyst Upgrades and Downgrades

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

About UbiSoft Entertainment

Ubisoft Entertainment SA is a France-based video game publisher and developer headquartered in Saint-Mandé. Founded in 1986 by the Guillemot family, the company creates, publishes and distributes interactive entertainment for consoles, personal computers and mobile devices. Ubisoft serves players worldwide through digital storefronts, physical retail channels and online services.

The company’s portfolio includes major franchises such as Assassin’s Creed, Far Cry, Tom Clancy’s Rainbow Six, Tom Clancy’s The Division, Just Dance, Prince of Persia, Watch Dogs and Anno.