Qube Holdings Limited (OTCMKTS:QUBHF – Get Free Report) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 2,136,287 shares, a decrease of 36.5% from the May 31st total of 3,365,456 shares. Based on an average daily trading volume, of 2,182 shares, the short-interest ratio is presently 979.0 days.
Qube Stock Performance
QUBHF remained flat at $3.48 on Thursday. The business has a fifty day moving average price of $3.45 and a 200-day moving average price of $3.37. Qube has a twelve month low of $2.56 and a twelve month high of $3.72.
About Qube
Qube (OTCMKTS:QUBHF) is the American Depositary Receipt (ADR) of Qube Global Logistics Limited, one of Australia’s leading diversified logistics and infrastructure providers. The company offers an integrated suite of services that spans container stevedoring, rail operations, bulk and breakbulk handling, warehousing, terminal management and road transport. Qube’s asset-backed operating platforms are strategically located at key port precincts and inland terminals, enabling seamless connections between maritime and land freight networks across the Australian continent.
Since its incorporation in 2006 and subsequent listing on the Australian Securities Exchange in 2011, Qube has pursued both organic growth and targeted acquisitions to expand its service portfolio and geographic reach.
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