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

The Bidvest Group Limited (OTCMKTS:BDVSY) was the target of a significant decrease in short interest in August. As of August 15th, there was short interest totalling 1,100 shares, a decrease of 65.6% from the July 31st total of 3,200 shares. Based on an average daily trading volume, of 6,900 shares, the days-to-cover ratio is currently 0.2 days.

The Bidvest Group Stock Up 1.3 %

Shares of BDVSY opened at $33.05 on Wednesday. The stock has a 50 day simple moving average of $30.57 and a two-hundred day simple moving average of $27.78. The Bidvest Group has a 1 year low of $23.76 and a 1 year high of $33.05.

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.