Short Interest in Ubisoft Entertainment SA (OTCMKTS:UBSFY) Decreases By 94.4%

Ubisoft Entertainment SA (OTCMKTS:UBSFY) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 100 shares, a decrease of 94.4% from the March 31st total of 1,800 shares. Based on an average daily trading volume, of 50,800 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on UBSFY shares. Cantor Fitzgerald started coverage on shares of Ubisoft Entertainment in a research note on Tuesday, January 16th. They set a “neutral” rating on the stock. BMO Capital Markets started coverage on shares of Ubisoft Entertainment in a research note on Tuesday, January 9th. They set a “market perform” rating on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Ubisoft Entertainment Price Performance

UBSFY opened at $4.60 on Friday. Ubisoft Entertainment has a one year low of $3.98 and a one year high of $6.73. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.51 and a quick ratio of 1.50. The company’s 50 day simple moving average is $4.40 and its 200-day simple moving average is $5.00.

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.