UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) Sees Large Increase in Short Interest

by · The Markets Daily

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY – Get Free Report) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 32,278 shares, an increase of 183.2% from the June 30th total of 11,396 shares. Based on an average daily volume of 390,519 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

UbiSoft Entertainment Price Performance

UbiSoft Entertainment stock opened at $1.06 on Monday. UbiSoft Entertainment has a 52 week low of $0.80 and a 52 week high of $2.40. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 1.24. The business’s 50-day simple moving average is $1.17 and its 200-day simple moving average is $1.08.

Analyst Ratings Changes

Separately, Wedbush downgraded shares of UbiSoft Entertainment from an “outperform” rating to a “neutral” rating in a report on Friday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

Check Out Our Latest Stock Report on UBSFY

About UbiSoft Entertainment

(Get Free Report)

UbiSoft Entertainment is a global video game developer and publisher known for creating and distributing interactive entertainment across multiple platforms, including consoles, PCs and mobile devices. The company’s portfolio spans a wide array of genres, with flagship franchises such as Assassin’s Creed, Far Cry, Tom Clancy’s Rainbow Six and Watch Dogs. In addition to traditional game releases, UbiSoft provides digital services through its Ubisoft Connect platform, offering players social features, cloud saves and cross-platform progression.

Founded in 1986 in Carentoir, France, UbiSoft has grown into one of the largest independent game publishers worldwide.

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