Short Interest in Publicis Groupe SA (OTCMKTS:PUBGY) Grows By 1,422.4%

Publicis Groupe SA (OTCMKTS:PUBGY) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 504,579 shares, an increase of 1,422.4% from the November 30th total of 33,144 shares. Based on an average daily trading volume, of 231,909 shares, the short-interest ratio is presently 2.2 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 231,909 shares, the short-interest ratio is presently 2.2 days.

Analysts Set New Price Targets

Separately, Huber Research upgraded shares of Publicis Groupe to a “strong-buy” rating in a report on Wednesday, October 15th. Two analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Strong Buy”.

Publicis Groupe Trading Up 0.4%

Shares of OTCMKTS:PUBGY traded up $0.10 during trading hours on Wednesday, reaching $25.94. The stock had a trading volume of 26,313 shares, compared to its average volume of 169,637. The firm’s 50 day moving average is $25.03 and its 200-day moving average is $24.80. Publicis Groupe has a 1 year low of $20.71 and a 1 year high of $28.73. The company has a current ratio of 0.93, a quick ratio of 0.90 and a debt-to-equity ratio of 0.31.

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.