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

Rubis (OTCMKTS:RUBSF) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totalling 2,300 shares, a drop of 51.1% from the December 31st total of 4,700 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 11.5 days.

Rubis Price Performance

Shares of Rubis stock remained flat at C$26.00 on Wednesday. Rubis has a twelve month low of C$23.50 and a twelve month high of C$26.26. The company has a 50-day simple moving average of C$24.53 and a 200 day simple moving average of C$30.37.

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.