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

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

Rubis Price Performance

Shares of OTCMKTS:RUBSF remained flat at C$39.61 on Friday. The business has a 50-day moving average price of C$39.91 and a 200 day moving average price of C$38.25. Rubis has a 52-week low of C$31.25 and a 52-week high of C$41.87.

Rubis Company Profile

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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.

Further Reading

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