Publicis Groupe S.A. (OTCMKTS:PUBGY) Short Interest Up 178.9% in October

Publicis Groupe S.A. (OTCMKTS:PUBGY) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totalling 37,100 shares, an increase of 178.9% from the September 30th total of 13,300 shares. Based on an average daily volume of 72,300 shares, the days-to-cover ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded Publicis Groupe to a “hold” rating in a research note on Wednesday, October 9th.

Publicis Groupe Trading Down 1.2 %

Shares of OTCMKTS PUBGY opened at $26.82 on Friday. Publicis Groupe has a 12 month low of $18.51 and a 12 month high of $29.25. The stock has a 50 day moving average of $26.99 and a 200-day moving average of $27.15.

Publicis Groupe Company Profile

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.