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

Vodafone Group Public Limited (NASDAQ:VOD) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 5,160,000 shares, a growth of 17.0% from the November 15th total of 4,410,000 shares. Based on an average daily volume of 5,130,000 shares, the short-interest ratio is currently 1.0 days. Currently, 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On Vodafone Group Public

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mediolanum International Funds Ltd acquired a new position in Vodafone Group Public during the third quarter worth about $82,716,000. Bank of Montreal Can boosted its holdings in shares of Vodafone Group Public by 445.7% during the 2nd quarter. Bank of Montreal Can now owns 3,805,044 shares of the cell phone carrier’s stock worth $34,055,000 after purchasing an additional 3,107,734 shares during the last quarter. Hsbc Holdings PLC grew its position in shares of Vodafone Group Public by 345.2% in the second quarter. Hsbc Holdings PLC now owns 3,026,713 shares of the cell phone carrier’s stock valued at $26,786,000 after purchasing an additional 2,346,815 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of Vodafone Group Public by 1,119.6% in the third quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock valued at $9,441,000 after purchasing an additional 864,924 shares during the last quarter. Finally, Clifford Capital Partners LLC lifted its position in Vodafone Group Public by 30.1% during the second quarter. Clifford Capital Partners LLC now owns 2,012,210 shares of the cell phone carrier’s stock worth $17,848,000 after buying an additional 465,802 shares in the last quarter. 7.84% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group Public Stock Performance

NASDAQ VOD opened at $8.69 on Friday. The stock has a 50-day moving average of $9.20 and a 200 day moving average of $9.36. 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 twelve month low of $8.02 and a twelve month high of $10.39.

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 paid a $0.2423 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a yield of 8%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, August 30th. Two investment 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 company. According to data from MarketBeat, the company currently has an average 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.