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

Vodafone Group Public Limited (NASDAQ:VOD) was the recipient of a significant decrease in short interest during the month of 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. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 4,580,000 shares, the days-to-cover ratio is currently 0.4 days.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. UBS Group cut shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Vodafone Group Public presently has a consensus rating of “Moderate Buy”.

Institutional Trading of Vodafone Group Public

Several hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC bought a new position in Vodafone Group Public in the 3rd quarter worth $7,482,000. Acadian Asset Management LLC purchased a new stake in Vodafone Group Public during the 1st quarter valued at approximately $1,151,000. Clifford Capital Partners LLC raised its position in shares of 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 last quarter. US Bancorp DE boosted its position in shares of Vodafone Group Public by 79.0% during the third quarter. US Bancorp DE now owns 131,685 shares of the cell phone carrier’s stock worth $1,319,000 after acquiring an additional 58,130 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in Vodafone Group Public by 353.6% in the 1st quarter. Sei Investments Co. now owns 136,789 shares of the cell phone carrier’s stock valued at $1,217,000 after acquiring an additional 106,636 shares during the last quarter. Institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Stock Performance

NASDAQ:VOD traded down $0.07 on Thursday, hitting $8.68. The stock had a trading volume of 6,345,656 shares, compared to its average volume of 6,147,238. The business’s 50-day simple moving average is $9.71 and its two-hundred day simple moving average is $9.39. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.79. Vodafone Group Public has a 52-week low of $8.02 and a 52-week high of $10.39.

Vodafone Group Public Cuts Dividend

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

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.