Publicis Groupe S.A. (OTCMKTS:PUBGY) Short Interest Down 73.4% in January

Publicis Groupe S.A. (OTCMKTS:PUBGY) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 13,000 shares, a drop of 73.4% from the January 15th total of 48,800 shares. Based on an average daily volume of 177,700 shares, the days-to-cover ratio is currently 0.1 days.

Publicis Groupe Stock Performance

Publicis Groupe stock traded up $0.17 during trading hours on Wednesday, hitting $27.65. The company had a trading volume of 32,857 shares, compared to its average volume of 86,807. Publicis Groupe has a one year low of $24.04 and a one year high of $29.25. The firm has a 50-day moving average of $26.62 and a 200 day moving average of $26.69. The company has a quick ratio of 0.87, a current ratio of 0.89 and a debt-to-equity ratio of 0.17.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. upgraded shares of Publicis Groupe from a “neutral” rating to an “overweight” rating in a report on Wednesday, December 11th.

Publicis Groupe Company Profile

Publicis Groupe SA provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East. The company offers advisory services for brand strategy, and repositioning and their identity under the Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, Marcel, Fallon, and BBH brands; online advertising services under the Razorfish and Moxie brand names; crisis communications, press relations, public affairs, institutional relations, financial communications, and strategy management services; media consulting, planning, and buying services; performance marketing services; and e-commerce services.