The Bidvest Group Limited (OTCMKTS:BDVSY – Get Free Report) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 15,796 shares, a growth of 259.9% from the April 15th total of 4,389 shares. Based on an average daily trading volume, of 20,146 shares, the days-to-cover ratio is presently 0.8 days.
The Bidvest Group Price Performance
OTCMKTS BDVSY opened at $28.16 on Friday. The Bidvest Group has a 1 year low of $24.08 and a 1 year high of $32.00. The company has a market capitalization of $4.79 billion and a PE ratio of 1.00. The company has a fifty day moving average of $28.03 and a two-hundred day moving average of $28.46.
About The Bidvest Group
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.
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