Ubisoft Entertainment SA (OTCMKTS:UBSFY) Short Interest Down 57.2% in October

Ubisoft Entertainment SA (OTCMKTS:UBSFY - Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 56,000 shares, a decline of 57.2% from the September 30th total of 130,700 shares. Based on an average daily trading volume, of 877,700 shares, the days-to-cover ratio is presently 0.1 days.

Ubisoft Entertainment Stock Performance

OTCMKTS UBSFY traded up $0.05 during trading on Friday, reaching $2.91. The company's stock had a trading volume of 199,492 shares, compared to its average volume of 94,713. The firm has a 50 day moving average price of $2.97 and a 200 day moving average price of $3.93. Ubisoft Entertainment has a 12 month low of $2.03 and a 12 month high of $6.57. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.50 and a current ratio of 1.51.

Wall Street Analyst Weigh In

UBSFY has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft cut Ubisoft Entertainment from a "buy" rating to a "hold" rating in a research note on Thursday, September 26th. Barclays upgraded shares of Ubisoft Entertainment to a "hold" rating in a research note on Friday, September 27th. BNP Paribas lowered shares of Ubisoft Entertainment from an "outperform" rating to a "neutral" rating in a research note on Wednesday, September 11th. HSBC downgraded shares of Ubisoft Entertainment from a "buy" rating to a "hold" rating in a research report on Friday, September 27th. Finally, Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Ubisoft Entertainment in a research report on Monday, September 9th. Nine research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Ubisoft Entertainment presently has an average rating of "Hold".

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.