Ubisoft Entertainment SA (OTCMKTS:UBSFY) Short Interest Update

Ubisoft Entertainment SA (OTCMKTS:UBSFY - Get Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 12,400 shares, an increase of 327.6% from the August 15th total of 2,900 shares. Based on an average trading volume of 58,200 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on UBSFY. Jefferies Financial Group upgraded Ubisoft Entertainment from an "underperform" rating to a "buy" rating in a report on Monday, July 8th. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Ubisoft Entertainment in a research note on Monday. Finally, BNP Paribas lowered shares of Ubisoft Entertainment from an "outperform" rating to a "neutral" rating in a research report on Wednesday. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Ubisoft Entertainment presently has an average rating of "Hold".

Ubisoft Entertainment Stock Performance

UBSFY traded down $0.06 during trading on Thursday, reaching $2.55. 130,254 shares of the stock traded hands, compared to its average volume of 46,856. The stock's 50-day simple moving average is $3.91 and its two-hundred day simple moving average is $4.29. 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 fifty-two week low of $2.51 and a fifty-two week 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.