Ubisoft Entertainment SA (OTCMKTS:UBSFY) Short Interest Up 2,741.3% in September

Posted by Latisha Jones on Oct 11th, 2024

Ubisoft Entertainment SA (OTCMKTS:UBSFY – Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totalling 130,700 shares, a growth of 2,741.3% from the September 15th total of 4,600 shares. Based on an average daily trading volume, of 867,800 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

A number of equities analysts recently commented on UBSFY shares. Jefferies Financial Group raised shares of Ubisoft Entertainment from an “underperform” rating to a “buy” rating in a research note on Monday, July 8th. Hsbc Global Res upgraded Ubisoft Entertainment to a “hold” rating in a report on Friday, September 27th. Benchmark upgraded shares of Ubisoft Entertainment to a “hold” rating in a report on Monday, September 30th. Barclays upgraded shares of Ubisoft Entertainment to a “hold” rating in a research note on Friday, September 27th. Finally, Cantor Fitzgerald reissued a “neutral” rating on shares of Ubisoft Entertainment in a research note on Monday, September 9th. Nine analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Ubisoft Entertainment presently has an average rating of “Hold”.

Check Out Our Latest Stock Report on Ubisoft Entertainment

Ubisoft Entertainment Price Performance

OTCMKTS UBSFY opened at $2.81 on Friday. The stock’s 50-day moving average is $3.17 and its two-hundred day moving average is $4.04. Ubisoft Entertainment has a fifty-two week low of $2.03 and a fifty-two week high of $6.57. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.50 and a current ratio of 1.51.

Ubisoft Entertainment Company Profile

(Get Free Report)

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.