UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) Sees Significant Decrease in Short Interest

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 9,708 shares, a decline of 51.4% from the September 15th total of 19,967 shares. Based on an average daily trading volume, of 58,708 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

UbiSoft Entertainment Stock Up 2.9%

UBSFY stock opened at $1.08 on Wednesday. The company has a debt-to-equity ratio of 1.24, a quick ratio of 2.55 and a current ratio of 2.55. The business has a 50 day moving average price of $1.15 and a two-hundred day moving average price of $1.13. UbiSoft Entertainment has a twelve month low of $0.80 and a twelve month high of $2.04.

Analysts Set New Price Targets

Separately, Wedbush cut shares of UbiSoft Entertainment from an “outperform” rating to a “neutral” rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company currently has an average rating of “Hold”.

UbiSoft Entertainment Company Profile

Ubisoft Entertainment SA is a France-based video game publisher and developer headquartered in Saint-Mandé. Founded in 1986 by the Guillemot family, the company creates, publishes and distributes interactive entertainment for consoles, personal computers and mobile devices. Ubisoft serves players worldwide through digital storefronts, physical retail channels and online services.

The company’s portfolio includes major franchises such as Assassin’s Creed, Far Cry, Tom Clancy’s Rainbow Six, Tom Clancy’s The Division, Just Dance, Prince of Persia, Watch Dogs and Anno.