Short Interest in Ubisoft Entertainment SA (OTCMKTS:UBSFY) Declines By 65.4%

Ubisoft Entertainment SA (OTCMKTS:UBSFY) was the target of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 48,700 shares, a decline of 65.4% from the February 13th total of 140,600 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 883,700 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus lowered Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th. Ten analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Ubisoft Entertainment has a consensus rating of “Hold”.

Ubisoft Entertainment Stock Up 7.5 %

UBSFY stock opened at $2.83 on Friday. Ubisoft Entertainment has a 1-year low of $2.03 and a 1-year high of $5.25. The business’s 50-day moving average price is $2.44 and its two-hundred day moving average price is $2.66. 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.