Short Interest in Publicis Groupe SA (OTCMKTS:PUBGY) Increases By 138.5%

Publicis Groupe SA (OTCMKTS:PUBGY) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 1,594,914 shares, a growth of 138.5% from the July 30th total of 668,615 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 384,019 shares, the days-to-cover ratio is currently 4.2 days.

Analyst Upgrades and Downgrades

PUBGY has been the topic of a number of research reports. The Goldman Sachs Group raised shares of Publicis Groupe to a “strong-buy” rating in a research report on Wednesday, June 3rd. Berenberg Bank raised shares of Publicis Groupe to a “strong-buy” rating in a research report on Tuesday, June 9th. Four equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Publicis Groupe Trading Down 1.3%

OTCMKTS:PUBGY opened at $29.44 on Friday. Publicis Groupe has a 52-week low of $19.72 and a 52-week high of $30.57. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.30. The stock’s 50-day simple moving average is $26.66 and its 200 day simple moving average is $24.14.

Publicis Groupe Company Profile

Publicis Groupe (OTCMKTS:PUBGY) is a global advertising and communications holding company headquartered in Paris, France. Founded in 1926 by Marcel Bleustein-Blanchet, the company has grown into one of the world’s largest marketing, communication and digital transformation groups. Publicis provides a wide range of marketing services including creative advertising, media planning and buying, public relations, brand strategy, healthcare communications and experiential marketing.

In recent decades Publicis has expanded its capabilities into digital, data and technology-driven services through its network brands and acquisitions.