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

Vodafone Group Public Limited (NASDAQ:VOD) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 2,760,000 shares, a decline of 22.9% from the September 15th total of 3,580,000 shares. Based on an average trading volume of 4,600,000 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s shares are short sold.

Vodafone Group Public Price Performance

VOD traded down $0.09 on Friday, reaching $9.65. The company’s stock had a trading volume of 2,644,140 shares, compared to its average volume of 6,265,369. The business’s 50 day moving average is $9.78 and its 200 day moving average is $9.25. Vodafone Group Public has a 1 year low of $8.02 and a 1 year high of $10.39. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.79.

Wall Street Analysts Forecast Growth

VOD has been the topic of several recent analyst reports. StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Vodafone Group Public in a research report on Thursday, June 20th. They issued a “buy” rating on the stock. New Street Research raised shares of Vodafone Group Public to a “strong-buy” rating in a research note on Monday, July 8th. Finally, UBS Group downgraded 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 given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Vodafone Group Public currently has an average rating of “Moderate Buy”.

Institutional Trading of Vodafone Group Public

A number of hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC grew its position in shares of Vodafone Group Public by 116.7% in the 2nd quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock worth $35,000 after acquiring an additional 2,102 shares in the last quarter. Asset Dedication LLC increased its stake in Vodafone Group Public by 630.9% during the second quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock valued at $41,000 after purchasing an additional 4,000 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of Vodafone Group Public in the 1st quarter worth about $46,000. Hexagon Capital Partners LLC grew its position in shares of Vodafone Group Public by 230.9% during the 1st quarter. Hexagon Capital Partners LLC now owns 5,410 shares of the cell phone carrier’s stock valued at $48,000 after buying an additional 3,775 shares during the last quarter. Finally, Rothschild Investment LLC acquired a new stake in Vodafone Group Public during the second quarter worth about $49,000. Institutional investors and hedge funds 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.