The Bidvest Group Limited (OTCMKTS:BDVSY) Short Interest Up 650.0% in November

The Bidvest Group Limited (OTCMKTS:BDVSY) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,500 shares, an increase of 650.0% from the October 31st total of 200 shares. Based on an average daily volume of 6,200 shares, the short-interest ratio is presently 0.2 days.

The Bidvest Group Trading Down 1.2 %

OTCMKTS:BDVSY traded down $0.37 during midday trading on Friday, reaching $29.85. The company had a trading volume of 2,796 shares, compared to its average volume of 4,943. The stock’s fifty day simple moving average is $32.05 and its 200-day simple moving average is $30.70. The Bidvest Group has a 12-month low of $23.76 and a 12-month high of $34.55.

The Bidvest Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, October 10th. Stockholders of record on Friday, September 27th were issued a dividend of $0.3818 per share. This is an increase from The Bidvest Group’s previous dividend of $0.38. The ex-dividend date was Friday, September 27th. The Bidvest Group’s dividend payout ratio is presently 44.45%.

The Bidvest Group Company Profile

The Bidvest Group Limited, an investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally. The company operates through Adcock Ingram, Bidvest Automotive, Bidvest Commercial Products, Bidvest Financial Services, Bidvest Freight, Bidvest Branded Products, Bidvest Services South Africa, Bidvest Services International, Bidvest Properties, and Bidvest Corporate and Investments segments.