Ubisoft Stock Rebounds by 3.5% and Regains Ground on Its Moving Averages
The French video game publisher marks one of the strongest mid-morning rebounds on the Paris stock exchange in a well-oriented market. The stock significantly rebounds after yesterday's drop and now leads the SBF 120, while the bearish bet by funds remains a fundamental issue for the stock.
A Technical Rebound That Brings the Stock Above Its Short-Term Moving Averages
Ubisoft Entertainment's stock is up 3.51% at €5.25, among the highest rises in the SBF 120. The stock thus recovers a good portion of the previous day's decline, when it had dropped 4.5% and hit its support at €4.68. Over the week, the stock now shows a gain of nearly 10%, after fluctuating around its short-term moving averages. Today's rebound brings the price above the 20-day moving average (MM20) at €5.16 and the 50-day moving average (MM50) at €4.99, with respective gaps of 1.7% and 5.2%. The 200-day moving average (MM200) at €5.98 remains out of reach, about 12% above the current price, marking the medium-term technical ceiling. The RSI at 52 remains neutral, leaving room before reaching the resistance at €5.63, the next key threshold if the movement continues.
A High Short Interest That is Slowly Easing, Amid a Busy Content Schedule
The bearish bet remains massive on the stock. According to reports, ten funds hold a combined net short position of 13.11% of the capital as of June 17, down 0.85 points over thirty days. The level remains among the highest in the sector and reflects structural skepticism from some institutional players about the stock; the slight monthly decrease suggests the beginning of coverage, but not yet capitulation. This point deserves attention but should not be isolated from the overall stock market context of the stock. In the background, the publisher keeps the product news flowing, with the launch on Tuesday of the latest major update of Assassin's Creed Shadows and the rollout of season 8 of The Division 2. In the annual report for 2025/2026 published on May 20, the company highlighted a denser pipeline for the fiscal years 2027-28 and 2028-29, as well as a reduction in net debt to €187.3 million. In the short term, the resistance at €5.63 sets the next technical milestone to watch.