Short Interest in Rubis (OTCMKTS:RUBSF) Drops By 55.7%

Rubis (OTCMKTS:RUBSF) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 2,700 shares, a decrease of 55.7% from the March 15th total of 6,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 27.0 days.

Rubis Stock Performance

Shares of RUBSF stock remained flat at C$25.82 during midday trading on Friday. Rubis has a 12-month low of C$23.50 and a 12-month high of C$26.26. The firm has a 50 day moving average of C$25.82 and a 200 day moving average of C$27.30.

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.