The Bidvest Group Limited (OTCMKTS:BDVSY – Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 9,164 shares, a drop of 33.6% from the August 15th total of 13,804 shares. Based on an average daily volume of 15,294 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the company are short sold.
The Bidvest Group Trading Up 1.0%
Shares of BDVSY stock opened at $28.71 on Friday. The Bidvest Group has a 12-month low of $24.14 and a 12-month high of $32.00. The business’s 50 day moving average is $29.40 and its two-hundred day moving average is $28.85.
About The Bidvest Group
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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