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

The Bidvest Group Limited (OTCMKTS:BDVSY) saw a significant decrease in short interest in 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 presently 0.0 days.

The Bidvest Group Price Performance

The Bidvest Group stock traded down $0.10 during mid-day trading on Wednesday, reaching $26.49. The company had a trading volume of 12,861 shares, compared to its average volume of 6,095. The company has a 50 day moving average of $29.84 and a 200-day moving average of $30.95. The Bidvest Group has a 52 week low of $23.76 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.