The Bidvest Group Limited (OTCMKTS:BDVSY) Short Interest Up 50.0% in June

The Bidvest Group Limited (OTCMKTS:BDVSY) saw a large growth in short interest in June. As of June 15th, there was short interest totalling 2,100 shares, a growth of 50.0% from the May 31st total of 1,400 shares. Based on an average daily trading volume, of 6,300 shares, the days-to-cover ratio is presently 0.3 days.

The Bidvest Group Stock Performance

Shares of BDVSY stock traded up $1.08 during trading on Friday, reaching $31.33. 2,970 shares of the company’s stock traded hands, compared to its average volume of 6,192. The firm’s 50-day moving average is $27.78 and its 200 day moving average is $26.50. The Bidvest Group has a 1 year low of $23.76 and a 1 year high of $32.17.

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.