After Reaching Milestone, Is BIDVEST GROUP LTD ORDINARY SHARES (OTCMKTS:BDVSF)’s Short Interest Revealing Something?

May 17, 2018 - By Robert Sims

The Bidvest Group Limited (OTCMKTS:BDVSF) Logo

The stock of BIDVEST GROUP LTD ORDINARY SHARES (OTCMKTS:BDVSF) registered an increase of 481.82% in short interest. BDVSF’s total short interest was 6,400 shares in May as published by FINRA. Its up 481.82% from 1,100 shares, reported previously. With 600 shares average volume, it will take short sellers 11 days to cover their BDVSF’s short positions.

It closed at $18.38 lastly. It is down 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

The Bidvest Group Limited operates as a services, trading, and distribution company. The company has market cap of $5.90 billion. The firm operates through seven divisions: Services, Freight, Automotive, Office and Print, Commercial Products, Financial Services, and Electrical. It has a 15.9 P/E ratio. It retails new and pre-owned motor vehicles and tires; and offers car and van rental services, vehicle service and repairs, auctions, chauffer drives, and coaches, as well as door to door transfers.

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