Short Interest in Bid Co. Limited (OTCMKTS:BPPPF) Rises By 106.7%

Bid Co. Limited (OTCMKTS:BPPPF) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 136,400 shares, a growth of 106.7% from the October 15th total of 66,000 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 272.8 days.

BID Price Performance

OTCMKTS:BPPPF remained flat at $25.00 on Thursday. BID has a 12-month low of $21.87 and a 12-month high of $26.04. The firm’s fifty day simple moving average is $24.81 and its 200-day simple moving average is $23.59.

About BID

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.