Publicis Groupe SA (OTCMKTS:PUBGY) Short Interest Up 1,422.4% in December

Publicis Groupe SA (OTCMKTS:PUBGY) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 504,579 shares, an increase of 1,422.4% from the November 30th total of 33,144 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 231,909 shares, the days-to-cover ratio is currently 2.2 days. Based on an average trading volume of 231,909 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.1% of the company’s stock are sold short.

Publicis Groupe Price Performance

Shares of PUBGY opened at $25.94 on Friday. The business’s 50-day moving average is $25.05 and its two-hundred day moving average is $24.81. Publicis Groupe has a fifty-two week low of $20.71 and a fifty-two week high of $28.73. The company has a quick ratio of 0.90, a current ratio of 0.93 and a debt-to-equity ratio of 0.31.

Wall Street Analyst Weigh In

Separately, Huber Research raised shares of Publicis Groupe to a “strong-buy” rating in a research report on Wednesday, October 15th. Two analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, Publicis Groupe has an average rating of “Strong Buy”.

Publicis Groupe Company Profile

Publicis Groupe (OTCMKTS:PUBGY) is a global advertising and communications holding company headquartered in Paris, France. Founded in 1926 by Marcel Bleustein-Blanchet, the company has grown into one of the world’s largest marketing, communication and digital transformation groups. Publicis provides a wide range of marketing services including creative advertising, media planning and buying, public relations, brand strategy, healthcare communications and experiential marketing.

In recent decades Publicis has expanded its capabilities into digital, data and technology-driven services through its network brands and acquisitions.