UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) Stock Short Interest Rises 290.2%

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) was the recipient of a large growth in short interest in October. As of October 30th, there was short interest totaling 33,074 shares, a growth of 290.2% from the October 15th total of 8,477 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 355,834 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Wedbush cut shares of UbiSoft Entertainment from an “outperform” rating to a “neutral” rating in a report on Friday, July 24th. One analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

UbiSoft Entertainment Stock Performance

Shares of UbiSoft Entertainment stock opened at $0.98 on Thursday. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 1.24. The company’s fifty day simple moving average is $1.06 and its 200-day simple moving average is $1.07. UbiSoft Entertainment has a 1-year low of $0.80 and a 1-year high of $1.77.

UbiSoft Entertainment Company Profile

Ubisoft Entertainment is a French video game company that develops, publishes and distributes games for consoles, personal computers and mobile devices. Its activities also include online services and other digital content connected to its games. The company’s franchises include Assassin’s Creed, Far Cry, Tom Clancy’s Rainbow Six, Just Dance, The Division, Rabbids and Prince of Persia. Ubisoft serves players internationally through development studios and publishing operations in multiple regions.