The Bidvest Group Limited (OTCMKTS:BDVSY) Short Interest Update

The Bidvest Group Limited (OTCMKTS:BDVSY) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 17,525 shares, a decline of 17.6% from the November 30th total of 21,258 shares. Based on an average trading volume of 23,335 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 23,335 shares, the short-interest ratio is currently 0.8 days.

The Bidvest Group Price Performance

Shares of BDVSY opened at $28.90 on Wednesday. The Bidvest Group has a 12-month low of $21.00 and a 12-month high of $28.93. The business’s 50 day moving average is $27.10 and its 200 day moving average is $26.42.

The Bidvest Group Company Profile

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.