The Bidvest Group Limited (OTCMKTS:BDVSY) Short Interest Update

The Bidvest Group Limited (OTCMKTS:BDVSY) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 5,300 shares, an increase of 381.8% from the January 15th total of 1,100 shares. Based on an average trading volume of 9,400 shares, the days-to-cover ratio is currently 0.6 days.

The Bidvest Group Stock Performance

Shares of BDVSY traded up $0.08 during mid-day trading on Thursday, hitting $28.31. 4,890 shares of the company traded hands, compared to its average volume of 6,670. The business has a 50 day moving average of $28.71 and a 200 day moving average of $30.58. The Bidvest Group has a 1-year low of $23.76 and a 1-year high of $34.55.

About The Bidvest Group

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.