Bid Co. Limited (OTCMKTS:BPPPF) Sees Significant Increase in Short Interest

Bid Co. Limited (OTCMKTS:BPPPF) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 162,000 shares, a growth of 5.3% from the August 31st total of 153,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 1,620.0 days.

BID Stock Performance

BPPPF traded up $0.69 during midday trading on Monday, reaching $26.04. The company’s stock had a trading volume of 300 shares, compared to its average volume of 800. BID has a twelve month low of $21.87 and a twelve month high of $26.04. The company has a fifty day simple moving average of $24.41 and a 200 day simple moving average of $23.20.

BID Company Profile

Bid Corporation Limited provides foodservice solutions in Australasia, the United Kingdom, Europe, and internationally. The company distributes fresh ingredients, including fish, seafood, meat, produce, dairy products, and ambient goods for the hospitality, institutional, catering, and retail sectors.