Short Interest in Ubisoft Entertainment SA (OTCMKTS:UBSFY) Drops By 37.6%

Ubisoft Entertainment SA (OTCMKTS:UBSFY - Get Free Report) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 30,400 shares, a decline of 37.6% from the February 28th total of 48,700 shares. Based on an average daily volume of 1,209,500 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company's stock are sold short.

Ubisoft Entertainment Stock Down 3.8 %

Shares of OTCMKTS UBSFY traded down $0.09 during mid-day trading on Wednesday, hitting $2.27. The company had a trading volume of 601,072 shares, compared to its average volume of 535,263. 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 1 year low of $2.03 and a 1 year high of $5.25. The stock's 50-day moving average price is $2.52 and its 200-day moving average price is $2.60.

Analyst Upgrades and Downgrades

UBSFY has been the subject of several recent analyst reports. Kepler Capital Markets upgraded shares of Ubisoft Entertainment to a "strong sell" rating in a research note on Monday. Stifel Nicolaus downgraded Ubisoft Entertainment from a "buy" rating to a "hold" rating in a research report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold".

Ubisoft Entertainment Company Profile

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.