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

The Bidvest Group Limited (OTCMKTS:BDVSY) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 1,600 shares, a growth of 77.8% from the November 30th total of 900 shares. Based on an average trading volume of 6,600 shares, the days-to-cover ratio is currently 0.2 days.

The Bidvest Group Stock Performance

BDVSY stock traded down $0.30 during midday trading on Friday, reaching $28.62. The company’s stock had a trading volume of 3,398 shares, compared to its average volume of 4,813. The stock has a fifty day simple moving average of $30.97 and a two-hundred day simple moving average of $31.11. 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.