Short Interest in Ubisoft Entertainment SA (OTCMKTS:UBSFY) Declines By 37.6%

Ubisoft Entertainment SA (OTCMKTS:UBSFY) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 30,400 shares, a decline of 37.6% from the February 28th total of 48,700 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,209,500 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus downgraded Ubisoft Entertainment from a “buy” rating to a “hold” rating in a report on Wednesday, December 18th. Ten research 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Ubisoft Entertainment Trading Down 14.2 %

Ubisoft Entertainment stock opened at $2.72 on Monday. The firm’s 50 day moving average price is $2.52 and its two-hundred day moving average price is $2.61. Ubisoft Entertainment has a twelve month low of $2.03 and a twelve month high of $5.25. 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.