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

Bid Co. Limited (OTCMKTS:BPPPF) was the recipient of a significant decrease in short interest in 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 trading volume, of 100 shares, the short-interest ratio is presently 69.0 days.

BID Price Performance

BPPPF remained flat at $25.00 during midday trading on Thursday. 5,693 shares of the company’s stock traded hands, compared to its average volume of 830. BID has a fifty-two week low of $21.87 and a fifty-two week high of $26.04. The stock’s 50-day moving average price is $24.83 and its 200 day moving average price is $23.80.

BID Company Profile

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.