Ubisoft's Stock Rebounds Nearly 2%, Bucking the Trend of the CAC 40
The French video game publisher is regaining its footing at the start of the week, in a Parisian market that is otherwise under pressure. The stock is attempting to stabilize after a pronounced weekly decline, while the distrust of short sellers remains a fundamental issue for the stock.
The Stock Rebounds to €5.12 and Climbs to the Top of the SBF 120
Ubisoft's stock is up 1.99% at €5.12 at midday, while the CAC 40 is down 0.59% and the SBF 120 is down 0.56%. The stock is among the top gainers of the broader index, going against the grain of a downward-oriented European session.
The rebound comes after a challenging week: the stock is still down 9.05% over seven days, despite today's movement. The longer-term momentum remains mixed, with a gain of over 32% over three months but a decline of nearly 48% over a year.
From a technical perspective, the price is slightly below its 20-day moving average (€5.21), while remaining significantly above the 50-day MA (€4.80, a gap of nearly 7%). The 200-day MA at €6.18 remains out of reach in the short term, more than 17% above the current price.
The RSI at 47 indicates a neutral configuration, with no marked buying or selling pressure.
Cumulative Short Bets Remain High at 14.34% of Capital
In terms of positioning, eleven funds cumulatively hold 14.34% of the capital sold short, according to filings as of June 1st. The total has slightly receded over thirty days (-0.36 point, from 14.70% a month ago), without a significant reversal of trend.
This level of cumulative short interest remains significant: it indicates that institutional investors maintain a pronounced bearish bet on the stock, or are looking to hedge a long exposure. The very slight easing over a month does not reflect a buyback of short positions, but a fundamental stability that still weighs on the stock market dynamics.
The fundamental context continues to be digested by the market: during the announcement of the annual results for 2025-2026 (on May 20, 2026), Ubisoft reported a significant decline in activity while mentioning a strengthened content pipeline for the fiscal years 2027-28 and 2028-29. The next technical reference point above remains the 20-day MA at €5.21, whose crossing would condition the continuation of the rebound.
