Vodafone Group Public Limited (NASDAQ:VOD) Short Interest Up 17.0% in November

Vodafone Group Public Limited (NASDAQ:VOD) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 5,160,000 shares, an increase of 17.0% from the November 15th total of 4,410,000 shares. Based on an average daily volume of 5,130,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.2% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. The Goldman Sachs Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Institutional Trading of Vodafone Group Public

Several large investors have recently modified their holdings of the business. Franklin Resources Inc. raised its stake in Vodafone Group Public by 3.7% during the third quarter. Franklin Resources Inc. now owns 61,125 shares of the cell phone carrier’s stock valued at $592,000 after buying an additional 2,186 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Vodafone Group Public in the third quarter valued at $142,000. Sanctuary Advisors LLC grew its position in shares of Vodafone Group Public by 10.0% during the third quarter. Sanctuary Advisors LLC now owns 53,610 shares of the cell phone carrier’s stock worth $537,000 after acquiring an additional 4,857 shares during the last quarter. Pine Valley Investments Ltd Liability Co acquired a new stake in shares of Vodafone Group Public in the 3rd quarter worth about $134,000. Finally, M&T Bank Corp boosted its position in shares of Vodafone Group Public by 16.3% during the third quarter. M&T Bank Corp now owns 23,238 shares of the cell phone carrier’s stock worth $233,000 after buying an additional 3,262 shares during the period. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Public Trading Down 1.2 %

Shares of VOD stock traded down $0.10 during trading hours on Monday, reaching $8.59. The company had a trading volume of 3,615,489 shares, compared to its average volume of 6,173,222. The stock’s fifty day simple moving average is $9.20 and its 200 day simple moving average is $9.36. 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 twelve month low of $8.02 and a twelve month high of $10.39.

Vodafone Group Public Cuts Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, February 7th. Shareholders 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%.

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.