Rubis (OTCMKTS:RUBSF) Sees Significant Increase in Short Interest

Rubis (OTCMKTS:RUBSF) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 1,700 shares, an increase of 21.4% from the November 15th total of 1,400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 17.0 days.

Rubis Price Performance

OTCMKTS:RUBSF remained flat at C$24.61 during mid-day trading on Friday. 417 shares of the company traded hands, compared to its average volume of 372. The company has a fifty day simple moving average of C$30.71 and a two-hundred day simple moving average of C$32.56. Rubis has a 52-week low of C$24.13 and a 52-week high of C$26.26.

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.