The Bidvest Group Limited (OTCMKTS:BDVSY) Sees Significant Decrease in Short Interest

The Bidvest Group Limited (OTCMKTS:BDVSY) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 1,900 shares, a decline of 64.2% from the January 31st total of 5,300 shares. Based on an average daily trading volume, of 17,500 shares, the short-interest ratio is presently 0.1 days.

The Bidvest Group Stock Down 0.3 %

Shares of BDVSY traded down $0.07 during midday trading on Friday, reaching $26.64. The stock had a trading volume of 6,368 shares, compared to its average volume of 6,122. The firm’s 50 day moving average price is $27.99 and its 200-day moving average price is $30.46. The Bidvest Group has a 52 week low of $24.23 and a 52 week 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.