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

Rubis (OTCMKTS:RUBSF) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 2,700 shares, a decline 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 presently 27.0 days.

Rubis Price Performance

RUBSF stock remained flat at C$25.82 during mid-day trading on Friday. Rubis has a 52 week low of C$23.50 and a 52 week high of C$26.26. The firm’s fifty day simple moving average is C$25.82 and its 200 day simple moving average is 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.