Short Interest in UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) Expands By 58.8%

Key Points

• Short interest in UbiSoft Entertainment Inc. increased by 58.8% in September, with total short interest reaching 69,400 shares.
• The stock's current average rating is a Hold, with one analyst issuing a Strong Buy and another a Sell recommendation.
• UbiSoft's stock opened at $1.86 and has a fifty-two week low of $1.81 and a high of $3.35.

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY - Get Free Report) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 69,400 shares, an increase of 58.8% from the September 15th total of 43,700 shares. Based on an average trading volume of 430,800 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 430,800 shares, the days-to-cover ratio is presently 0.2 days.

UbiSoft Entertainment Stock Performance

OTCMKTS UBSFY opened at $1.86 on Wednesday. The stock's fifty day moving average is $2.10 and its two-hundred day moving average is $2.14. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.68 and a quick ratio of 1.68. UbiSoft Entertainment has a fifty-two week low of $1.81 and a fifty-two week high of $3.35.

Wall Street Analysts Forecast Growth

Separately, Wedbush upgraded UbiSoft Entertainment to a "strong-buy" rating in a research report on Tuesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold".

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.

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