Short Interest in UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) Decreases By 73.8%

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 8,467 shares, a drop of 73.8% from the July 15th total of 32,278 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 189,988 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Wedbush lowered UbiSoft Entertainment from an “outperform” rating to a “neutral” rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, UbiSoft Entertainment currently has a consensus rating of “Hold”.

UbiSoft Entertainment Stock Down 3.8%

UBSFY opened at $1.14 on Thursday. 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 52-week low of $0.80 and a 52-week high of $2.40. The company has a 50 day moving average of $1.18 and a two-hundred day moving average of $1.06.

UbiSoft Entertainment Company Profile

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.