Publicis Groupe S.A. (OTCMKTS:PUBGY) Short Interest Update

Publicis Groupe S.A. (OTCMKTS:PUBGY) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totalling 64,200 shares, a drop of 39.8% from the November 30th total of 106,700 shares. Based on an average daily volume of 138,000 shares, the short-interest ratio is presently 0.5 days.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Citigroup raised shares of Publicis Groupe to a “hold” rating in a report on Wednesday, October 9th. JPMorgan Chase & Co. upgraded Publicis Groupe from a “neutral” rating to an “overweight” rating in a report on Wednesday, December 11th.

Publicis Groupe Trading Up 1.3 %

Shares of OTCMKTS:PUBGY opened at $27.13 on Friday. Publicis Groupe has a 12 month low of $22.65 and a 12 month high of $29.25. The firm’s 50-day moving average is $27.07 and its 200 day moving average is $26.83.

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.