Short Interest in Rubis (OTCMKTS:RUBSF) Rises By 105.5%

Rubis (OTCMKTS:RUBSFGet Free Report) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 8,418 shares, a growth of 105.5% from the April 15th total of 4,096 shares. Based on an average daily volume of 625 shares, the days-to-cover ratio is presently 13.5 days.

Rubis Price Performance

RUBSF stock remained flat at C$39.61 during midday trading on Friday. Rubis has a 52 week low of C$31.25 and a 52 week high of C$41.87. The company’s fifty day moving average price is C$39.91 and its two-hundred day moving average price is C$38.25.

About Rubis

(Get Free Report)

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.

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