Publicis Groupe S.A. (OTCMKTS:PUBGY) Sees Large Increase in Short Interest

Publicis Groupe S.A. (OTCMKTS:PUBGY) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 37,400 shares, a growth of 21.8% from the March 15th total of 30,700 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 268,200 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of Publicis Groupe to a “strong-buy” rating in a report on Tuesday, March 25th.

Publicis Groupe Trading Down 0.5 %

OTCMKTS:PUBGY traded down $0.12 on Monday, reaching $24.06. 198,159 shares of the stock traded hands, compared to its average volume of 162,894. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.87 and a current ratio of 0.89. Publicis Groupe has a 1-year low of $20.71 and a 1-year high of $29.25. The company’s 50 day moving average is $24.83 and its 200-day moving average is $26.09.

About Publicis Groupe

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.