Short Interest in Ubisoft Entertainment SA (OTCMKTS:UBSFY) Rises By 292.9%

Ubisoft Entertainment SA (OTCMKTS:UBSFY - Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 93,900 shares, a growth of 292.9% from the March 31st total of 23,900 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 761,000 shares, the short-interest ratio is currently 0.1 days.

Ubisoft Entertainment Stock Performance

Shares of Ubisoft Entertainment stock traded up $0.03 during trading hours on Thursday, hitting $2.32. The company's stock had a trading volume of 337,770 shares, compared to its average volume of 465,570. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.51 and a quick ratio of 1.50. Ubisoft Entertainment has a 12-month low of $1.81 and a 12-month high of $5.25. The business has a 50 day moving average price of $2.43 and a two-hundred day moving average price of $2.53.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets raised shares of Ubisoft Entertainment to a "strong sell" rating in a research report on Monday, March 31st. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus 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.