Short Interest in Ubisoft Entertainment SA (OTCMKTS:UBSFY) Expands By 150.0%

Ubisoft Entertainment SA (OTCMKTS:UBSFY) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 500 shares, an increase of 150.0% from the May 31st total of 200 shares. Based on an average daily volume of 43,500 shares, the days-to-cover ratio is presently 0.0 days.

Ubisoft Entertainment Stock Performance

Shares of Ubisoft Entertainment stock opened at $4.32 on Friday. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.51 and a quick ratio of 1.50. Ubisoft Entertainment has a twelve month low of $3.98 and a twelve month high of $6.73. The company’s fifty day moving average is $4.67 and its 200 day moving average is $4.62.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Stifel Nicolaus upgraded shares of Ubisoft Entertainment from a “hold” rating to a “buy” rating in a research note on Tuesday, May 7th. Cantor Fitzgerald upgraded shares of Ubisoft Entertainment from a “neutral” rating to an “overweight” rating in a research report on Monday, May 20th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Ubisoft Entertainment presently has an average rating of “Moderate Buy”.

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.