Vodafone Group Public Limited (NASDAQ:VOD) Short Interest Down 48.9% in October

by · The Cerbat Gem

Vodafone Group Public Limited (NASDAQ:VOD – Get Free Report) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 1,630,000 shares, a decrease of 48.9% from the October 15th total of 3,190,000 shares. Based on an average daily volume of 4,580,000 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

Analyst Ratings Changes

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

Get Our Latest Report on Vodafone Group Public

Vodafone Group Public Stock Up 0.8 %

NASDAQ VOD traded up $0.07 on Friday, hitting $8.75. 4,236,737 shares of the company were exchanged, compared to its average volume of 6,140,550. The company has a quick ratio of 1.29, 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. The firm has a 50 day moving average of $9.68 and a two-hundred day moving average of $9.38.

Vodafone Group Public Cuts Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. GAMMA Investing LLC raised its position in shares of Vodafone Group Public by 116.7% during the 2nd quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock valued at $35,000 after acquiring an additional 2,102 shares during the last quarter. Asset Dedication LLC raised its stake in Vodafone Group Public by 630.9% during the 2nd quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock worth $41,000 after buying an additional 4,000 shares during the period. Trust Co. of Vermont lifted its holdings in Vodafone Group Public by 1,493.2% during the third quarter. Trust Co. of Vermont now owns 4,700 shares of the cell phone carrier’s stock worth $47,000 after acquiring an additional 4,405 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Vodafone Group Public in the first quarter valued at about $46,000. Finally, CENTRAL TRUST Co increased its holdings 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 in the last quarter. Institutional investors own 7.84% of the company’s stock.

About Vodafone Group Public

(Get Free Report)

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.

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