Ubisoft Entertainment SA (OTCMKTS:UBSFY) Sees Large Growth in Short Interest

Ubisoft Entertainment SA (OTCMKTS:UBSFY) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totalling 11,100 shares, a growth of 1,010.0% from the July 15th total of 1,000 shares. Based on an average trading volume of 125,100 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

UBSFY has been the topic of a number of recent analyst reports. Stifel Nicolaus upgraded Ubisoft Entertainment from a “hold” rating to a “buy” rating in a research report on Tuesday, May 7th. Jefferies Financial Group raised shares of Ubisoft Entertainment from an “underperform” rating to a “buy” rating in a research note on Monday, July 8th. Finally, Cantor Fitzgerald raised shares of Ubisoft Entertainment from a “neutral” rating to an “overweight” rating in a report on Monday, May 20th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Ubisoft Entertainment Stock Performance

Shares of UBSFY stock traded up $0.04 during trading hours on Monday, reaching $3.63. The company had a trading volume of 19,300 shares, compared to its average volume of 42,312. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.51 and a quick ratio of 1.50. The stock has a fifty day moving average of $4.38 and a 200-day moving average of $4.47. Ubisoft Entertainment has a 12-month low of $3.56 and a 12-month high of $6.57.

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.