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

Ubisoft Entertainment SA (OTCMKTS:UBSFY) saw a significant decline in short interest in March. As of March 31st, there was short interest totalling 23,900 shares, a decline of 21.4% from the March 15th total of 30,400 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,821,800 shares, the short-interest ratio is presently 0.0 days.

Ubisoft Entertainment Trading Up 4.0 %

UBSFY opened at $2.08 on Friday. Ubisoft Entertainment has a 12 month low of $1.81 and a 12 month high of $5.25. The business’s 50-day moving average price is $2.44 and its 200-day moving average price is $2.56. The company has a current ratio of 1.51, a quick ratio of 1.50 and a debt-to-equity ratio of 1.15.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets upgraded Ubisoft Entertainment to a “strong sell” rating in a report on Monday, March 31st. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company 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.