Vodafone Group Public Limited (NASDAQ:VOD) Short Interest Update

Vodafone Group Public Limited (NASDAQ:VOD) was the target of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 1,630,000 shares, a drop of 48.9% from the October 15th total of 3,190,000 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 4,580,000 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analyst Weigh In

VOD has been the subject of several recent research reports. UBS Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, August 5th. StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, August 30th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Down 0.8 %

Shares of Vodafone Group Public stock traded down $0.07 during midday trading on Thursday, reaching $8.68. 6,345,656 shares of the company’s stock traded hands, compared to its average volume of 6,147,238. The stock has a 50 day moving average of $9.71 and a 200-day moving average of $9.39. Vodafone Group Public has a 12 month low of $8.02 and a 12 month high of $10.39. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.31 and a quick ratio of 1.29.

Vodafone Group Public Cuts Dividend

The business also recently declared a semi-annual dividend, which will be paid on Friday, February 7th. Investors of record on Friday, November 22nd will be given a dividend of $0.2423 per share. This represents a dividend yield of 8%. The ex-dividend date of this dividend is Friday, November 22nd.

Institutional Trading of Vodafone Group Public

Institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC grew its position in shares of Vodafone Group Public by 116.7% in the 2nd quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock worth $35,000 after buying an additional 2,102 shares during the period. Asset Dedication LLC lifted its holdings in shares of Vodafone Group Public by 630.9% during the second quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock valued at $41,000 after purchasing an additional 4,000 shares during the last quarter. Trust Co. of Vermont boosted its position in shares of Vodafone Group Public by 1,493.2% in the 3rd quarter. Trust Co. of Vermont now owns 4,700 shares of the cell phone carrier’s stock worth $47,000 after purchasing an additional 4,405 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new position in Vodafone Group Public during the first quarter valued at $46,000. Finally, CENTRAL TRUST Co grew its stake in shares of Vodafone Group Public by 37.8% in the third quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier’s stock worth $55,000 after acquiring an additional 1,513 shares during the last quarter. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

Vodafone Group Public Company Profile

Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services.