Publicis Groupe S.A. (OTCMKTS:PUBGY) Short Interest Up 268.8% in March

Publicis Groupe S.A. (OTCMKTS:PUBGY) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 50,900 shares, a growth of 268.8% from the February 29th total of 13,800 shares. Based on an average daily volume of 212,400 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Macquarie raised shares of Publicis Groupe from a “neutral” rating to an “outperform” rating in a research note on Friday, January 5th.

Publicis Groupe Stock Up 0.7 %

PUBGY stock traded up $0.20 during midday trading on Thursday, reaching $27.28. The stock had a trading volume of 38,708 shares, compared to its average volume of 116,877. The company’s fifty day simple moving average is $25.90 and its 200 day simple moving average is $22.47. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.25. Publicis Groupe has a 52-week low of $18.19 and a 52-week high of $27.35.

Publicis Groupe Company Profile

Publicis Groupe SA provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East. The company offers advisory services for brand strategy, and repositioning and their identity under the Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, Marcel, Fallon, and BBH brands; online advertising services under the Razorfish and Moxie brand names; crisis communications, press relations, public affairs, institutional relations, financial communications, and strategy management services; media consulting, planning, and buying services; performance marketing services; and e-commerce services.