The Bidvest Group Limited (OTCMKTS:BDVSY – Get Free Report) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 15,796 shares, an increase of 259.9% from the April 15th total of 4,389 shares. Based on an average trading volume of 20,146 shares, the days-to-cover ratio is currently 0.8 days.
The Bidvest Group Price Performance
BDVSY traded up $0.16 during midday trading on Thursday, hitting $28.33. 908 shares of the company’s stock traded hands, compared to its average volume of 21,305. The stock’s fifty day simple moving average is $28.05 and its 200-day simple moving average is $28.45. The Bidvest Group has a one year low of $24.08 and a one year high of $32.00.
About The Bidvest Group
The Bidvest Group Limited is a diversified services, trading and distribution company headquartered in Johannesburg, South Africa. Operating through a network of autonomous divisions, the group provides a wide range of services that span foodservice, industrial and commercial products, office and print solutions, travel and financial services, automotive aftermarket and freight management. Its decentralized structure allows each division to respond quickly to customer needs while leveraging the broader resources and scale of the group.
In its foodservice segment, Bidvest supplies fresh and frozen foods, beverages and catering equipment to restaurants, hotels, retail outlets and institutional clients.
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