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

Vodafone Group Public Limited (NASDAQ:VOD) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 6,450,000 shares, a growth of 25.0% from the November 30th total of 5,160,000 shares. Based on an average daily volume of 5,650,000 shares, the short-interest ratio is currently 1.1 days. Approximately 0.3% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Institutional Investors Weigh In On Vodafone Group Public

Large investors have recently made changes to their positions in the business. Stifel Financial Corp lifted its holdings in Vodafone Group Public by 34.9% in the third quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock worth $7,796,000 after buying an additional 201,360 shares during the period. Oppenheimer & Co. Inc. lifted its stake in shares of Vodafone Group Public by 1,119.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock valued at $9,441,000 after purchasing an additional 864,924 shares during the period. International Assets Investment Management LLC bought a new stake in shares of Vodafone Group Public during the third quarter valued at approximately $7,482,000. Goldentree Asset Management LP grew its stake in Vodafone Group Public by 1.9% in the third quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock worth $32,898,000 after purchasing an additional 60,943 shares during the period. Finally, Clifford Capital Partners LLC lifted its position in Vodafone Group Public by 30.1% during the second quarter. Clifford Capital Partners LLC now owns 2,012,210 shares of the cell phone carrier’s stock valued at $17,848,000 after buying an additional 465,802 shares during the period. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Public Stock Performance

Shares of NASDAQ:VOD opened at $8.42 on Tuesday. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. The company has a 50-day moving average price of $8.92 and a 200-day moving average price of $9.29. The company has a market cap of $21.71 billion, a price-to-earnings ratio of 8.02, a price-to-earnings-growth ratio of 0.61 and a beta of 0.77. Vodafone Group Public has a 12 month low of $8.02 and a 12 month high of $10.39.

Vodafone Group Public Cuts Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, November 22nd will be given a dividend of $0.2423 per share. This represents a yield of 8%. The ex-dividend date of this dividend is Friday, November 22nd. Vodafone Group Public’s payout ratio is 42.86%.

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.