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

Rubis (OTCMKTS:RUBSF) was the target of a large increase in short interest during 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 trading volume, of 625 shares, the days-to-cover ratio is currently 13.5 days.

Rubis Price Performance

OTCMKTS RUBSF remained flat at C$39.61 on Monday. The business’s fifty day simple moving average is C$39.91 and its two-hundred day simple moving average is C$38.25. Rubis has a one year low of C$31.25 and a one year high of C$41.87.

About Rubis

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.