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

Vodafone Group Public Limited (NASDAQ:VOD) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 6,450,000 shares, an increase of 25.0% from the November 30th total of 5,160,000 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 5,650,000 shares, the short-interest ratio is currently 1.1 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

Shares of VOD opened at $8.44 on Monday. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. Vodafone Group Public has a 12 month low of $8.02 and a 12 month high of $10.39. The company has a market cap of $21.76 billion, a price-to-earnings ratio of 8.04, a P/E/G ratio of 0.61 and a beta of 0.77. The business’s fifty day simple moving average is $8.94 and its two-hundred day simple moving average is $9.29.

Vodafone Group Public Cuts Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.2423 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a dividend yield of 8%. Vodafone Group Public’s payout ratio is 42.86%.

Institutional Trading of Vodafone Group Public

A number of hedge funds have recently bought and sold shares of VOD. Asset Dedication LLC increased its stake in shares of Vodafone Group Public by 630.9% in the 2nd quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock worth $41,000 after purchasing an additional 4,000 shares in the last quarter. Trust Co. of Vermont increased its stake in 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 buying an additional 4,405 shares in the last quarter. CENTRAL TRUST Co lifted its position 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 valued at $55,000 after acquiring an additional 1,513 shares in the last quarter. Rothschild Investment LLC bought a new position in shares of Vodafone Group Public in the second quarter worth about $49,000. Finally, GAMMA Investing LLC increased its position in Vodafone Group Public by 79.9% in the third quarter. GAMMA Investing LLC now owns 7,023 shares of the cell phone carrier’s stock worth $70,000 after purchasing an additional 3,120 shares during the last quarter. Hedge funds and other institutional investors own 7.84% of the company’s stock.

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.