Short Interest in The Bidvest Group Limited (OTCMKTS:BDVSY) Rises By 98.1%

The Bidvest Group Limited (OTCMKTS:BDVSY) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 16,512 shares, a growth of 98.1% from the June 30th total of 8,334 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 30,954 shares, the short-interest ratio is presently 0.5 days.

The Bidvest Group Stock Up 2.2%

Shares of OTCMKTS:BDVSY opened at $30.26 on Friday. The Bidvest Group has a 52-week low of $24.08 and a 52-week high of $32.00. The stock has a market cap of $5.14 billion and a P/E ratio of 1.00. The business has a fifty day moving average of $29.14 and a two-hundred day moving average of $29.07.

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.