UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) Stock Short Interest Jumps 290.2%

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 33,074 shares, an increase of 290.2% from the October 15th total of 8,477 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 355,834 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

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

UbiSoft Entertainment Price Performance

Shares of OTCMKTS UBSFY traded down $0.03 during mid-day trading on Friday, hitting $0.91. 4,447 shares of the stock traded hands, compared to its average volume of 177,507. 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 twelve month low of $0.80 and a twelve month high of $1.77. The firm has a 50 day simple moving average of $1.06 and a two-hundred day simple moving average of $1.07.

About UbiSoft Entertainment

Ubisoft Entertainment is a French video game company that develops, publishes and distributes games for consoles, personal computers and mobile devices. Its activities also include online services and other digital content connected to its games. The company’s franchises include Assassin’s Creed, Far Cry, Tom Clancy’s Rainbow Six, Just Dance, The Division, Rabbids and Prince of Persia. Ubisoft serves players internationally through development studios and publishing operations in multiple regions.