Rubis (OTCMKTS:RUBSF) Sees Large Decline in Short Interest

Rubis (OTCMKTS:RUBSF) saw a large drop in short interest in September. As of September 15th, there was short interest totalling 900 shares, a drop of 30.8% from the August 31st total of 1,300 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is currently 0.4 days.

Rubis Price Performance

Shares of OTCMKTS RUBSF remained flat at C$33.55 during trading on Friday. Rubis has a 12 month low of C$20.95 and a 12 month high of C$36.89. The business’s 50-day moving average is C$33.55 and its 200-day moving average is C$33.50.

About Rubis

Rubis engages in the operation of bulk liquid storage facilities for commercial and industrial customers in Europe, Africa, and the Caribbean. The company operates through Energy Distribution and Renewable Electricity Production segments. It is involved in the bulk liquid storage of fuels, biofuels, chemicals, and agrifood products; and retails and distributes fuels, heating oils, lubricants, liquefied gases, and bitumen, as well as provides logistics services comprising trading-supply, refining, and shipping activities.