Short Interest in Publicis Groupe SA (OTCMKTS:PUBGY) Rises By 183.4%

Key Points

• Short interest jumped 183.4% to 659,957 shares as of Feb. 27 (from 232,903 on Feb. 12), but still represents only 0.1% of shares with a short-interest ratio of about 1.0 days.
• PUBGY opened at $21.46, trading near its 1-year low of $20.71 and below both the 50-day and 200-day moving averages ($23.76 and $24.31), indicating recent weakness in the stock price.
• Analyst sentiment remains a consensus Strong Buy (three Strong Buy ratings, one Hold), despite a recent downgrade by Barclays and an upgrade by Citigroup.

Publicis Groupe SA (OTCMKTS:PUBGY - Get Free Report) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 659,957 shares, a growth of 183.4% from the February 12th total of 232,903 shares. Based on an average daily trading volume, of 636,294 shares, the short-interest ratio is presently 1.0 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 636,294 shares, the short-interest ratio is presently 1.0 days.

Publicis Groupe Price Performance

Shares of PUBGY stock opened at $21.46 on Wednesday. Publicis Groupe has a 1-year low of $20.71 and a 1-year high of $28.73. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.30. The stock has a 50 day simple moving average of $23.76 and a 200-day simple moving average of $24.31.

Analyst Upgrades and Downgrades

PUBGY has been the subject of a number of recent analyst reports. Barclays cut shares of Publicis Groupe from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 4th. Citigroup raised shares of Publicis Groupe to a "strong-buy" rating in a research note on Monday, January 12th. Three analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Strong Buy".

Publicis Groupe Company Profile

Publicis Groupe OTCMKTS: PUBGY is a global advertising and communications holding company headquartered in Paris, France. Founded in 1926 by Marcel Bleustein-Blanchet, the company has grown into one of the world's largest marketing, communication and digital transformation groups. Publicis provides a wide range of marketing services including creative advertising, media planning and buying, public relations, brand strategy, healthcare communications and experiential marketing.

In recent decades Publicis has expanded its capabilities into digital, data and technology-driven services through its network brands and acquisitions.

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