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

The Bidvest Group Limited (OTCMKTS:BDVSY) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 200 shares, a decrease of 87.5% from the December 15th total of 1,600 shares. Based on an average trading volume of 7,100 shares, the days-to-cover ratio is currently 0.0 days.

The Bidvest Group Trading Down 1.5 %

Shares of The Bidvest Group stock traded down $0.42 during trading on Monday, reaching $26.59. 2,504 shares of the stock traded hands, compared to its average volume of 5,129. The Bidvest Group has a 52-week low of $23.76 and a 52-week high of $34.55. The business has a fifty day simple moving average of $30.09 and a two-hundred day simple moving average of $31.01.

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.