UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) Short Interest Update

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY - Get Free Report) was the recipient of a large decline in short interest in August. As of August 15th, there was short interest totaling 44,900 shares, adeclineof20.8% from the July 31st total of 56,700 shares. Based on an average daily volume of 88,600 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 88,600 shares, the days-to-cover ratio is presently 0.5 days.

Wall Street Analyst Weigh In

Separately, Wedbush raised UbiSoft Entertainment to a "strong-buy" rating in a research report on Tuesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold".

UbiSoft Entertainment Price Performance

UBSFY stock opened at $2.00 on Tuesday. UbiSoft Entertainment has a 12-month low of $1.81 and a 12-month high of $3.35. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.02. The stock's 50 day simple moving average is $2.10 and its 200 day simple moving average is $2.25.

UbiSoft Entertainment Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.