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

The Bidvest Group Limited (OTCMKTS:BDVSY) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 200 shares, a decline of 87.5% from the December 31st 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

Shares of BDVSY opened at $27.59 on Wednesday. The firm has a 50-day moving average price of $29.20 and a 200 day moving average price of $30.73. The Bidvest Group has a 12-month low of $23.76 and a 12-month 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.