Rubis (OTCMKTS:RUBSF) Sees Significant Decrease in Short Interest

Rubis (OTCMKTS:RUBSF) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 1,447 shares, a decline of 87.2% from the November 30th total of 11,277 shares. Based on an average daily volume of 1 shares, the days-to-cover ratio is presently 1,447.0 days. Based on an average daily volume of 1 shares, the days-to-cover ratio is presently 1,447.0 days.

Rubis Stock Performance

Shares of RUBSF remained flat at C$35.58 during mid-day trading on Wednesday. The stock’s fifty day simple moving average is C$35.86 and its 200 day simple moving average is C$33.93. Rubis has a twelve month low of C$31.25 and a twelve month high of C$38.10.

Rubis Company Profile

Rubis is a French-based independent operator specializing in the storage, distribution and supply of petroleum products, liquefied petroleum gas (LPG), bitumen and chemicals. The company’s core activities include the operation of storage terminals, wholesale distribution to commercial and industrial clients, and retail and cylinder distribution of LPG. Rubis also provides logistics and transportation services, leveraging a network of ships, barges, trucks and pipelines to serve diverse customer segments.

The group maintains a broad geographic footprint, with significant operations in metropolitan France and its overseas territories, including the Caribbean islands of Martinique and Guadeloupe, French Guiana and Réunion.