Short Interest in Ubisoft Entertainment SA (OTCMKTS:UBSFY) Increases By 662.3%

Ubisoft Entertainment SA (OTCMKTS:UBSFY) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 240,900 shares, a growth of 662.3% from the December 31st total of 31,600 shares. Based on an average daily volume of 579,900 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

UBSFY has been the topic of a number of analyst reports. Stifel Nicolaus downgraded shares of Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Benchmark raised shares of Ubisoft Entertainment to a “hold” rating in a report on Monday, September 30th. Sanford C. Bernstein upgraded Ubisoft Entertainment from an “underperform” rating to a “market perform” rating in a report on Monday, October 7th. Finally, UBS Group upgraded Ubisoft Entertainment from a “sell” rating to a “neutral” rating in a research note on Tuesday, October 8th. Ten equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Ubisoft Entertainment currently has an average rating of “Hold”.

Ubisoft Entertainment Stock Down 1.5 %

Shares of OTCMKTS UBSFY traded down $0.04 during mid-day trading on Tuesday, hitting $2.42. The stock had a trading volume of 127,242 shares, compared to its average volume of 265,015. The company has a 50 day moving average of $2.55 and a two-hundred day moving average of $3.02. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.51 and a quick ratio of 1.50. Ubisoft Entertainment has a twelve month low of $2.03 and a twelve month high of $5.25.

About Ubisoft Entertainment

Ubisoft Entertainment SA produce, publishes, and distributes video games for consoles, PC, smartphones, and tablets in both physical and digital formats in Europe, North America, and internationally. The company designs and develops software, including scenarios, animation, gameplay, layouts, and game rules, as well as develops design tools and game engines.