After Reaching Milestone, Is UBI SOFT ENTERTAINMENT SA ORDINARY SHARE (OTCMKTS:UBSFF)’s Short Interest Revealing Something?

June 13, 2018 - By Michael Collier

Ubisoft Entertainment SA (OTCMKTS:UBSFF) Logo

The stock of UBI SOFT ENTERTAINMENT SA ORDINARY SHARE (OTCMKTS:UBSFF) registered an increase of 85.49% in short interest. UBSFF’s total short interest was 116,300 shares in June as published by FINRA. Its up 85.49% from 62,700 shares, reported previously. With 300 shares average volume, it will take short sellers 388 days to cover their UBSFF’s short positions. The short interest to UBI SOFT ENTERTAINMENT SA ORDINARY SHARE’s float is 0.2%.

It closed at $114.79 lastly. It is down 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Ubisoft Entertainment SA engages in the production, publishing, and distribution of video games for consoles, PC, smartphones and tablets in physical and digital formats worldwide. The company has market cap of $11.78 billion. The firm creates and develops software, including scenarios, layouts, and game rules, as well as develops design tools and game engines. It has a 70.9 P/E ratio. It also develops in the area of online and mobile gaming; and distributes Ubisoft products, such as CD games, ancillary products, etc. to superstores and independent wholesalers.

More news for Ubisoft Entertainment SA (OTCMKTS:UBSFF) were recently published by: Nasdaq.com, which released: “What to Expect From E3, the Gaming World’s Annual Woodstock” on June 10, 2018. Nasdaq.com‘s article titled: “The Biggest Announcements From E3 2018 … So Far” and published on June 13, 2018 is yet another important article.

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