Short Interest in Ubisoft Entertainment SA (OTCMKTS:UBSFY) Drops By 21.4%

Ubisoft Entertainment SA (OTCMKTS:UBSFY) was the recipient of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 23,900 shares, a decrease of 21.4% from the March 15th total of 30,400 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 2,821,800 shares, the short-interest ratio is presently 0.0 days.

Ubisoft Entertainment Stock Performance

Shares of OTCMKTS UBSFY traded up $0.08 during midday trading on Friday, reaching $2.08. 181,797 shares of the stock were exchanged, compared to its average volume of 499,977. 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 firm has a 50-day simple moving average of $2.44 and a two-hundred day simple moving average of $2.56. Ubisoft Entertainment has a twelve month low of $1.81 and a twelve month high of $5.25.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised shares of Ubisoft Entertainment to a “strong sell” rating in a research note on Monday, March 31st. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from 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.