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

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 13,718 shares, an increase of 62.0% from the July 30th total of 8,467 shares. Based on an average trading volume of 87,872 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Wedbush downgraded shares of UbiSoft Entertainment from an “outperform” rating to a “neutral” rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

UbiSoft Entertainment Price Performance

Shares of UBSFY stock opened at $1.18 on Monday. The business’s 50 day simple moving average is $1.20 and its 200 day simple moving average is $1.08. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 1.24. UbiSoft Entertainment has a one year low of $0.80 and a one year high of $2.40.

About UbiSoft Entertainment

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.