Short Interest in The Bidvest Group Limited (OTCMKTS:BDVSY) Drops By 33.6%

The Bidvest Group Limited (OTCMKTS:BDVSYGet Free Report) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 9,164 shares, a decrease of 33.6% from the August 15th total of 13,804 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 15,294 shares, the days-to-cover ratio is presently 0.6 days.

The Bidvest Group Stock Up 0.4%

Shares of OTCMKTS:BDVSY opened at $28.44 on Friday. The Bidvest Group has a 52-week low of $24.14 and a 52-week high of $32.00. The company has a 50 day moving average of $29.40 and a two-hundred day moving average of $28.85.

About The Bidvest Group

(Get Free Report)

The Bidvest Group Limited is a South African services, trading and distribution company. Its operations support businesses across several industries, providing outsourced services, logistics, commercial products and automotive solutions. The company is headquartered in Johannesburg and is listed on the Johannesburg Stock Exchange, with its American depositary shares traded over the counter in the United States.

Bidvest’s activities include facilities management, cleaning, catering and related workplace services; freight forwarding and logistics; automotive retail and services; and the distribution of commercial and industrial products.

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