Bid Co. Limited (OTCMKTS:BPPPF) Sees Large Decline in Short Interest

Bid Co. Limited (OTCMKTS:BPPPF) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 6,900 shares, a decrease of 94.9% from the October 31st total of 136,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 69.0 days.

BID Stock Performance

Shares of OTCMKTS:BPPPF remained flat at $25.00 during mid-day trading on Thursday. The company had a trading volume of 5,693 shares, compared to its average volume of 830. BID has a 52 week low of $21.87 and a 52 week high of $26.04. The stock’s 50 day simple moving average is $24.83 and its 200 day simple moving average is $23.80.

About BID

Bid Corporation Limited engages in the provision of foodservice solutions in Australasia, New Zealand, the United Kingdom, Europe, Africa, South America, Asia, the Middle East, and internationally. The company distributes fresh ingredients, including fish, seafood, meat, produce, dairy products, liquor, and ambient goods for the hospitality, hotel, restaurant, café, institutional, catering, and retail sectors; and develops e-commerce solutions.