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

Rubis (OTCMKTS:RUBSF) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 4,700 shares, an increase of 176.5% from the November 30th total of 1,700 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 23.5 days.

Rubis Price Performance

RUBSF stock traded up C$0.20 during midday trading on Friday, hitting C$23.70. 400 shares of the company’s stock were exchanged, compared to its average volume of 460. The firm has a 50 day moving average price of C$28.77 and a 200-day moving average price of C$31.89. Rubis has a 12-month low of C$23.50 and a 12-month high of C$26.26.

Rubis Company Profile

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.