Vodacom Group Limited (OTCMKTS:VDMCY) Short Interest Down 90.6% in December

Vodacom Group Limited (OTCMKTS:VDMCY) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totalling 300 shares, a drop of 90.6% from the November 30th total of 3,200 shares. Based on an average daily trading volume, of 89,700 shares, the short-interest ratio is currently 0.0 days.

Vodacom Group Price Performance

OTCMKTS VDMCY opened at $5.44 on Friday. Vodacom Group has a twelve month low of $4.56 and a twelve month high of $6.77. The business’s fifty day moving average is $5.80 and its 200 day moving average is $5.79.

Vodacom Group Increases Dividend

The company also recently declared a dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 29th were paid a dividend of $0.1634 per share. This is a positive change from Vodacom Group’s previous dividend of $0.10. The ex-dividend date of this dividend was Friday, November 29th. Vodacom Group’s dividend payout ratio (DPR) is presently 42.59%.

About Vodacom Group

Vodacom Group Limited operates as a connectivity, digital, and financial services company in South Africa and internationally. It offers range of communication services, including data, mobile and fixed voice, messaging, financial services, enterprise IT, and converged services. The company also provides mobile and fixed line connectivity solutions, as well as internet and virtual private network services to its customers over various wireless, fixed-line, satellite, mobile, and converged technologies; and cloud hosting and security services comprising infrastructure as a service, platform as a service, software as a service, security services, hosted applications, and primary and direct connectivity to all hyperscalers.