The Bidvest Group Limited (OTCMKTS:BDVSY) Short Interest Down 93.9% in October

The Bidvest Group Limited (OTCMKTS:BDVSY) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 200 shares, a decline of 93.9% from the October 15th total of 3,300 shares. Based on an average daily trading volume, of 4,400 shares, the short-interest ratio is presently 0.0 days.

The Bidvest Group Trading Down 2.0 %

OTCMKTS:BDVSY traded down $0.63 on Thursday, hitting $30.26. 5,441 shares of the company’s stock were exchanged, compared to its average volume of 4,945. The firm has a 50-day moving average price of $32.37 and a 200-day moving average price of $30.48. The Bidvest Group has a 52 week low of $23.76 and a 52 week high of $34.55.

The Bidvest Group Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, October 10th. Investors of record on Friday, September 27th were issued a dividend of $0.3818 per share. The ex-dividend date of this dividend was Friday, September 27th. This is a positive change from The Bidvest Group’s previous dividend of $0.38. The Bidvest Group’s dividend payout ratio is presently 44.45%.

The Bidvest Group Company Profile

The Bidvest Group Limited, an investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally. The company operates through Adcock Ingram, Bidvest Automotive, Bidvest Commercial Products, Bidvest Financial Services, Bidvest Freight, Bidvest Branded Products, Bidvest Services South Africa, Bidvest Services International, Bidvest Properties, and Bidvest Corporate and Investments segments.