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

Vodafone Group Public Limited (NASDAQ:VOD) 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”.

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

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.