Publicis Groupe S.A. (OTCMKTS:PUBGY – Get Free Report) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 29,700 shares, an increase of 47.0% from the February 13th total of 20,200 shares. Based on an average trading volume of 98,000 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. raised Publicis Groupe from a “neutral” rating to an “overweight” rating in a report on Wednesday, December 11th.
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Publicis Groupe Price Performance
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.
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