Ubisoft Entertainment SA (OTCMKTS:UBSFY) Short Interest Up 662.3% in January

Ubisoft Entertainment SA (OTCMKTS:UBSFY) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 240,900 shares, an increase of 662.3% from the December 31st total of 31,600 shares. Based on an average daily volume of 579,900 shares, the days-to-cover ratio is currently 0.4 days.

Ubisoft Entertainment Trading Down 3.7 %

Shares of Ubisoft Entertainment stock opened at $2.36 on Thursday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.50 and a current ratio of 1.51. The company has a fifty day simple moving average of $2.53 and a 200-day simple moving average of $2.99. Ubisoft Entertainment has a 12-month low of $2.03 and a 12-month high of $5.25.

Analysts Set New Price Targets

A number of equities analysts have recently commented on UBSFY shares. Stifel Nicolaus downgraded Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research report on Wednesday, December 18th. UBS Group raised shares of Ubisoft Entertainment from a “sell” rating to a “neutral” rating in a research report on Tuesday, October 8th. Finally, Sanford C. Bernstein raised shares of Ubisoft Entertainment from an “underperform” rating to a “market perform” rating in a research report on Monday, October 7th. Ten investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Ubisoft Entertainment currently has a consensus 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.