Publicis Groupe S.A. (OTCMKTS:PUBGY – Get Free Report) was the target of a significant growth in short interest in 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 trading volume, of 212,400 shares, the days-to-cover ratio is presently 0.2 days.
Analysts Set New Price Targets
Separately, Macquarie upgraded Publicis Groupe from a “neutral” rating to an “outperform” rating in a research report on Friday, January 5th.
Check Out Our Latest Analysis on PUBGY
Publicis Groupe Trading Up 0.7 %
About Publicis Groupe
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.
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