Short Interest in UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) Decreases By 53.8%

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 16,386 shares, a drop of 53.8% from the May 31st total of 35,491 shares. Based on an average daily trading volume, of 159,855 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

UbiSoft Entertainment Stock Up 1.3%

Shares of UBSFY opened at $1.18 on Wednesday. The stock’s fifty day moving average price is $1.13 and its two-hundred day moving average price is $1.11. The company has a debt-to-equity ratio of 1.24, a quick ratio of 2.55 and a current ratio of 2.55. UbiSoft Entertainment has a 1 year low of $0.80 and a 1 year high of $2.40.

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.