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

Vodafone Group Public Limited (NASDAQ:VOD) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 4,410,000 shares, a growth of 170.6% from the October 31st total of 1,630,000 shares. Based on an average daily trading volume, of 4,990,000 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.2% of the shares of the stock are sold short.

Analysts Set New Price Targets

VOD has been the subject of a number of research analyst reports. UBS Group cut shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, August 5th. StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. One analyst has rated the stock with a sell rating, one has given 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.com, the stock presently has an average rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

VOD stock remained flat at $8.97 during trading on Friday. The company had a trading volume of 4,792,965 shares, compared to its average volume of 6,142,688. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. Vodafone Group Public has a 52 week low of $8.02 and a 52 week high of $10.39. The stock has a 50-day moving average of $9.44 and a 200-day moving average of $9.40.

Vodafone Group Public Cuts Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, February 7th. Investors of record on Friday, November 22nd will be issued a $0.2423 dividend. The ex-dividend date is Friday, November 22nd. This represents a yield of 8%.

Institutional Trading of Vodafone Group Public

A number of hedge funds have recently bought and sold shares of VOD. GAMMA Investing LLC lifted its position in shares of Vodafone Group Public by 116.7% in the second 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 in the last quarter. Asset Dedication LLC raised its holdings in shares of Vodafone Group Public by 630.9% in the second 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 boosted its position in Vodafone Group Public by 1,493.2% in the 3rd quarter. Trust Co. of Vermont now owns 4,700 shares of the cell phone carrier’s stock valued at $47,000 after buying an additional 4,405 shares during the period. Rothschild Investment LLC bought a new position in Vodafone Group Public during the 2nd quarter worth about $49,000. Finally, CENTRAL TRUST Co boosted its position in Vodafone Group Public by 37.8% during the third quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier’s stock valued at $55,000 after purchasing an additional 1,513 shares in the last quarter. Hedge funds and other institutional investors 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.