Ubisoft Entertainment SA (OTCMKTS:UBSFY) Sees Significant Decrease in Short Interest

Ubisoft Entertainment SA (OTCMKTS:UBSFY) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 30,400 shares, a drop 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. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus cut shares of Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th. Ten investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Ubisoft Entertainment has an average rating of “Hold”.

Ubisoft Entertainment Stock Down 14.2 %

UBSFY opened at $2.72 on Friday. Ubisoft Entertainment has a 52-week low of $2.03 and a 52-week high of $5.25. The company has a 50 day moving average of $2.52 and a two-hundred day moving average of $2.61. The company has a current ratio of 1.51, a quick ratio of 1.50 and a debt-to-equity ratio of 1.15.

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.