Rubico Inc. (NASDAQ:RUBI) Shares Shorted: Short Interest Down 90.8% in October

Rubico Inc. (NASDAQ:RUBI – Get Free Report) saw a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 24,342 shares, a decline of 90.8% from the October 15th total of 264,415 shares. Currently, 22.1% of the shares of the company are sold short. Based on an average daily trading volume, of 622,100 shares, the days-to-cover ratio is currently 0.0 days.

Rubico Stock Performance

Shares of NASDAQ:RUBI opened at $1.07 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 1.11 and a debt-to-equity ratio of 1.61. The firm’s 50-day simple moving average is $14.18. Rubico has a 1 year low of $1.01 and a 1 year high of $278,947.50.

Rubico (NASDAQ:RUBI – Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The company reported ($155.33) EPS for the quarter. The business had revenue of $4.84 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered Rubico from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, November 4th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, Rubico presently has an average rating of “Sell”.

Get Our Latest Stock Analysis on Rubico

Rubico Company Profile

(Get Free Report)

Rubico Inc. is a provider of shipping transportation services specializing in the ownership of vessels. Rubico Inc. is based in ATHENS, Greece.

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