The Bidvest Group Limited (OTCMKTS:BDVSY – Get Free Report) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,500 shares, a growth of 650.0% from the October 31st total of 200 shares. Based on an average trading volume of 6,200 shares, the short-interest ratio is currently 0.2 days.
The Bidvest Group Stock Down 0.0 %
Shares of OTCMKTS:BDVSY traded down $0.01 during midday trading on Wednesday, reaching $30.22. The company’s stock had a trading volume of 3,428 shares, compared to its average volume of 4,953. The stock has a fifty day moving average of $32.15 and a 200 day moving average of $30.71. The Bidvest Group has a twelve month low of $23.76 and a twelve month high of $34.55.
The Bidvest Group Increases Dividend
The business also recently disclosed a dividend, which was paid on Thursday, October 10th. Shareholders of record on Friday, September 27th were paid a dividend of $0.3818 per share. The ex-dividend date of this dividend was Friday, September 27th. This is a positive change from The Bidvest Group’s previous dividend of $0.38. The Bidvest Group’s dividend payout ratio (DPR) is presently 44.45%.
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.
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