The Bidvest Group Limited (OTCMKTS:BDVSY) Sees Large Drop in Short Interest

The Bidvest Group Limited (OTCMKTS:BDVSY) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 200 shares, a drop of 87.5% from the December 31st total of 1,600 shares. Based on an average daily trading volume, of 7,100 shares, the short-interest ratio is currently 0.0 days.

The Bidvest Group Stock Performance

BDVSY traded up $0.01 during trading on Thursday, reaching $27.82. The company had a trading volume of 4,084 shares, compared to its average volume of 5,253. The business’s fifty day moving average price is $29.15 and its 200 day moving average price is $30.71. The Bidvest Group has a 12 month low of $23.76 and a 12 month high of $34.55.

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.