Ubisoft Entertainment SA (OTCMKTS:UBSFY) Short Interest Up 662.3% in January

Ubisoft Entertainment SA (OTCMKTS:UBSFY) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 240,900 shares, an increase of 662.3% from the December 31st total of 31,600 shares. Based on an average daily volume of 579,900 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

UBSFY has been the topic of several analyst reports. UBS Group raised shares of Ubisoft Entertainment from a “sell” rating to a “neutral” rating in a research note on Tuesday, October 8th. Sanford C. Bernstein upgraded shares of Ubisoft Entertainment from an “underperform” rating to a “market perform” rating in a research report on Monday, October 7th. Finally, Stifel Nicolaus cut Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th. Ten research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Ubisoft Entertainment Price Performance

UBSFY traded up $0.03 during trading on Wednesday, hitting $2.45. 56,180 shares of the company traded hands, compared to its average volume of 252,728. The stock’s 50-day simple moving average is $2.53 and its two-hundred day simple moving average is $2.99. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.50 and a current ratio of 1.51. Ubisoft Entertainment has a 1 year low of $2.03 and a 1 year high of $5.25.

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.