Qube Holdings Limited (OTCMKTS:QUBHF) Short Interest Update

Qube Holdings Limited (OTCMKTS:QUBHF) was the recipient of a significant decrease in short interest in the month of 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 days-to-cover ratio is currently 979.0 days.

Qube Price Performance

Shares of QUBHF stock opened at $3.48 on Friday. The stock has a 50 day moving average price of $3.45 and a 200 day moving average price of $3.37. Qube has a 52-week low of $2.56 and a 52-week high of $3.72.

Qube Company Profile

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.