The Bidvest Group Limited (OTCMKTS:BDVSY) Short Interest Up 50.0% in June

The Bidvest Group Limited (OTCMKTS:BDVSY) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 2,100 shares, an increase of 50.0% from the May 31st total of 1,400 shares. Based on an average trading volume of 6,300 shares, the days-to-cover ratio is presently 0.3 days.

The Bidvest Group Trading Up 3.6 %

Shares of BDVSY stock traded up $1.08 on Friday, hitting $31.33. 2,970 shares of the stock traded hands, compared to its average volume of 6,192. The firm’s 50-day moving average price is $27.78 and its two-hundred day moving average price is $26.50. The Bidvest Group has a twelve month low of $23.76 and a twelve month high of $32.17.

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.