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

Vodafone Group Public Limited (NASDAQ:VOD) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 9,730,000 shares, an increase of 140.2% from the May 31st total of 4,050,000 shares. Based on an average daily volume of 6,020,000 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Investors Weigh In On Vodafone Group Public

Institutional investors and hedge funds have recently modified their holdings of the company. Old Port Advisors boosted its position in Vodafone Group Public by 23.7% during the first quarter. Old Port Advisors now owns 189,105 shares of the cell phone carrier’s stock worth $1,683,000 after purchasing an additional 36,257 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Vodafone Group Public by 126.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 13,639 shares of the cell phone carrier’s stock worth $115,000 after buying an additional 7,606 shares during the last quarter. Cetera Advisors LLC raised its stake in shares of Vodafone Group Public by 465.9% during the 1st quarter. Cetera Advisors LLC now owns 290,740 shares of the cell phone carrier’s stock worth $2,588,000 after buying an additional 239,367 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Vodafone Group Public by 163.7% during the 1st quarter. Cetera Investment Advisers now owns 692,886 shares of the cell phone carrier’s stock worth $6,167,000 after buying an additional 430,092 shares during the last quarter. Finally, Atria Investments Inc raised its stake in shares of Vodafone Group Public by 18.0% during the 1st quarter. Atria Investments Inc now owns 755,963 shares of the cell phone carrier’s stock worth $6,728,000 after buying an additional 115,259 shares during the last quarter. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Stock Performance

Shares of NASDAQ:VOD traded up $0.10 during midday trading on Friday, hitting $8.87. The stock had a trading volume of 8,090,629 shares, compared to its average volume of 5,729,722. Vodafone Group Public has a 1 year low of $8.02 and a 1 year high of $10.19. The stock has a 50 day moving average price of $9.04 and a two-hundred day moving average price of $8.78. The company has a quick ratio of 1.29, a current ratio of 1.31 and a debt-to-equity ratio of 0.79.

Vodafone Group Public Cuts Dividend

The company also recently declared a Semi-Annual dividend, which will be paid on Friday, August 2nd. Stockholders of record on Friday, June 7th will be paid a dividend of $0.469 per share. This represents a dividend yield of 9.6%. The ex-dividend date is Friday, June 7th.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on VOD. StockNews.com downgraded shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday, May 27th. Deutsche Bank Aktiengesellschaft began coverage on shares of Vodafone Group Public in a report on Thursday, June 20th. They issued a “buy” rating on the 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.