Short Interest in Bid Co. Limited (OTCMKTS:BPPPF) Drops By 94.9%

Bid Co. Limited (OTCMKTS:BPPPF) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 6,900 shares, a decline of 94.9% from the October 31st total of 136,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 69.0 days.

BID Stock Performance

Shares of OTCMKTS:BPPPF remained flat at $25.00 during trading on Friday. The stock had a trading volume of 5,693 shares, compared to its average volume of 830. The company has a 50 day moving average of $24.82 and a two-hundred day moving average of $23.81. BID has a 12-month low of $21.87 and a 12-month high of $26.04.

BID Company Profile

Bid Corporation Limited engages in the provision of foodservice solutions in Australasia, New Zealand, the United Kingdom, Europe, Africa, South America, Asia, the Middle East, and internationally. The company distributes fresh ingredients, including fish, seafood, meat, produce, dairy products, liquor, and ambient goods for the hospitality, hotel, restaurant, café, institutional, catering, and retail sectors; and develops e-commerce solutions.