Vodafone Group Public Limited (NASDAQ:VOD) Sees Large Growth in Short Interest

Vodafone Group Public Limited (NASDAQ:VOD) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 4,410,000 shares, a growth of 170.6% from the October 31st total of 1,630,000 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 4,990,000 shares, the short-interest ratio is currently 0.9 days.

Vodafone Group Public Stock Up 1.2 %

Shares of Vodafone Group Public stock opened at $8.97 on Thursday. The firm’s 50-day moving average price is $9.46 and its two-hundred day moving average price is $9.41. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78. Vodafone Group Public has a 1-year low of $8.02 and a 1-year high of $10.39.

Vodafone Group Public Cuts Dividend

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

Institutional Trading of Vodafone Group Public

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vicus Capital lifted its position in Vodafone Group Public by 10.0% in the 2nd quarter. Vicus Capital now owns 12,629 shares of the cell phone carrier’s stock valued at $112,000 after acquiring an additional 1,144 shares in the last quarter. Cohen Investment Advisors LLC increased its holdings in shares of Vodafone Group Public by 4.4% during the second quarter. Cohen Investment Advisors LLC now owns 27,092 shares of the cell phone carrier’s stock worth $257,000 after purchasing an additional 1,148 shares during the period. Apollon Wealth Management LLC increased its holdings in Vodafone Group Public by 7.6% in the 3rd quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier’s stock valued at $171,000 after buying an additional 1,204 shares during the period. Profund Advisors LLC raised its holdings in shares of Vodafone Group Public by 3.0% during the 2nd quarter. Profund Advisors LLC now owns 46,497 shares of the cell phone carrier’s stock worth $412,000 after buying an additional 1,350 shares in the last quarter. Finally, Valeo Financial Advisors LLC grew its stake in shares of Vodafone Group Public by 8.5% during the second quarter. Valeo Financial Advisors LLC now owns 17,597 shares of the cell phone carrier’s stock worth $156,000 after buying an additional 1,384 shares during the last quarter. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. UBS Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

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.