Ubisoft Entertainment SA (OTCMKTS:UBSFY) Short Interest Update

Ubisoft Entertainment SA (OTCMKTS:UBSFY) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 37,000 shares, a decline of 33.9% from the October 15th total of 56,000 shares. Based on an average daily volume of 369,800 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on UBSFY shares. UBS Group raised Ubisoft Entertainment from a “sell” rating to a “neutral” rating in a research report on Tuesday, October 8th. Hsbc Global Res upgraded Ubisoft Entertainment to a “hold” rating in a research note on Friday, September 27th. Cantor Fitzgerald reissued a “neutral” rating on shares of Ubisoft Entertainment in a report on Monday, September 9th. HSBC lowered Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research note on Friday, September 27th. Finally, Benchmark upgraded Ubisoft Entertainment to a “hold” rating in a report on Monday, September 30th. Nine research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Ubisoft Entertainment Trading Down 0.4 %

Shares of Ubisoft Entertainment stock traded down $0.01 on Friday, hitting $2.80. 73,852 shares of the company traded hands, compared to its average volume of 100,659. The company has a current ratio of 1.51, a quick ratio of 1.50 and a debt-to-equity ratio of 1.15. Ubisoft Entertainment has a 52 week low of $2.03 and a 52 week high of $6.57. The business has a 50-day simple moving average of $2.74 and a 200 day simple moving average of $3.77.

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.