Short Interest in Qube Holdings Limited (OTCMKTS:QUBHF) Expands By 17.6%

Qube Holdings Limited (OTCMKTS:QUBHFGet Free Report) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 1,973,400 shares, an increase of 17.6% from the October 15th total of 1,677,400 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 9,867.0 days.

Qube Price Performance

QUBHF stock remained flat at $2.56 during trading on Friday. Qube has a 12 month low of $1.30 and a 12 month high of $2.59. The business’s 50 day simple moving average is $2.56 and its 200 day simple moving average is $2.49.

About Qube

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Qube Holdings Limited, together with its subsidiaries, provides logistics solutions for import and export supply chain in Australia, New Zealand, and internationally. The company's Operating division offers services relating to the import and export of primarily containerized cargo; provides various logistics services, which includes road and rail transport, warehousing and distribution, container parks, and related services, as well as operates intermodal logistics hubs, including rail terminals and international freight forwarding; owns and operates automotive terminals that provides automotive, general cargo, and break-bulk facilities; operates multi-user grain storage and handling facilities; and develops and operates an import-export rail terminal, and an interstate rail terminal at the Moorebank Logistics Park.

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