Short Interest in Rubis (OTCMKTS:RUBSF) Increases By 462.3%

Rubis (OTCMKTS:RUBSF) saw a significant increase in short interest in February. As of February 27th, there was short interest totaling 7,135 shares, an increase of 462.3% from the February 12th total of 1,269 shares. Based on an average trading volume of 138 shares, the days-to-cover ratio is currently 51.7 days. Based on an average trading volume of 138 shares, the days-to-cover ratio is currently 51.7 days.

Rubis Price Performance

RUBSF remained flat at C$40.00 during midday trading on Tuesday. 131 shares of the company’s stock traded hands, compared to its average volume of 206. The stock’s 50-day moving average price is C$38.56 and its 200 day moving average price is C$36.12. Rubis has a fifty-two week low of C$31.25 and a fifty-two week high of C$41.87.

Rubis Company Profile

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.