Rubico Inc. (NASDAQ:RUBI) Sees Large Decrease in Short Interest

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

Wall Street Analyst Weigh In

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

Check Out Our Latest Report on Rubico

Rubico Price Performance

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

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

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.

See Also

Receive News & Ratings for Rubico Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rubico and related companies with MarketBeat.com's FREE daily email newsletter.