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

Rubis (OTCMKTS:RUBSF) was the recipient of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 309 shares, a decrease of 95.7% from the February 26th total of 7,135 shares. Based on an average daily volume of 48 shares, the days-to-cover ratio is currently 6.4 days.

Rubis Stock Performance

Shares of RUBSF stock opened at C$40.00 on Thursday. Rubis has a 52-week low of C$31.25 and a 52-week high of C$41.87. The business’s fifty day moving average is C$39.09 and its 200 day moving average is C$36.66.

About Rubis

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.