The Bidvest Group Limited (OTCMKTS:BDVSY) Short Interest Up 381.8% in January

The Bidvest Group Limited (OTCMKTS:BDVSY) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 5,300 shares, a growth of 381.8% from the January 15th total of 1,100 shares. Based on an average trading volume of 9,400 shares, the short-interest ratio is presently 0.6 days.

The Bidvest Group Price Performance

Shares of BDVSY traded down $0.32 on Friday, hitting $27.99. 5,783 shares of the stock traded hands, compared to its average volume of 6,641. The business has a 50 day simple moving average of $28.65 and a 200 day simple moving average of $30.56. The Bidvest Group has a one year low of $23.76 and a one year high of $34.55.

The Bidvest Group Company Profile

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.