Bid Co. Limited (OTCMKTS:BPPPF) Sees Large Growth in Short Interest

Bid Co. Limited (OTCMKTS:BPPPF) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 136,400 shares, a growth of 106.7% from the October 15th total of 66,000 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 272.8 days.

BID Stock Up 7.1 %

Shares of OTCMKTS BPPPF traded up $1.65 during midday trading on Wednesday, reaching $25.00. The company’s stock had a trading volume of 240 shares, compared to its average volume of 832. The company has a 50 day moving average price of $24.80 and a 200 day moving average price of $23.58. BID has a one year low of $21.87 and a one year high of $26.04.

About BID

Bid Corporation Limited engages in the provision of foodservice solutions in Australasia, New Zealand, the United Kingdom, Europe, Africa, South America, Asia, the Middle East, and internationally. The company distributes fresh ingredients, including fish, seafood, meat, produce, dairy products, liquor, and ambient goods for the hospitality, hotel, restaurant, café, institutional, catering, and retail sectors; and develops e-commerce solutions.