UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) Short Interest Up 617.7% in July

Key Points

• UbiSoft Entertainment Inc. experienced a dramatic increase in short interest in July, rising by 617.7% from 7,900 shares to 56,700 shares.
• After an analyst upgrade to a "strong-buy" rating, UbiSoft has a consensus rating of "Hold" with varying ratings from analysts, including one sell and two strong buy recommendations.
• Currently, UbiSoft shares are priced at $2.10, remaining relatively stable, with a 1-year trading range from $1.81 to $3.91.

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY - Get Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 56,700 shares, anincreaseof617.7% from the July 15th total of 7,900 shares. Currently,0.0% of the company's stock are sold short. Based on an average daily volume of 268,500 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 268,500 shares, the days-to-cover ratio is currently 0.2 days. Currently,0.0% of the company's stock are sold short.

Analyst Upgrades and Downgrades

Separately, Wedbush raised UbiSoft Entertainment to a "strong-buy" rating in a report on Tuesday, July 1st. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".

UbiSoft Entertainment Stock Down 1.0%

Shares of UBSFY traded down $0.02 during trading hours on Monday, reaching $2.08. 2,515 shares of the company traded hands, compared to its average volume of 317,410. The stock's fifty day moving average is $2.10 and its 200 day moving average is $2.27. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.02. UbiSoft Entertainment has a 1-year low of $1.81 and a 1-year high of $3.91.

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.