Vodacom Group Limited (OTCMKTS:VDMCY) Short Interest Down 28.6% in April

Vodacom Group Limited (OTCMKTS:VDMCY) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 2,000 shares, a drop of 28.6% from the March 31st total of 2,800 shares. Based on an average daily trading volume, of 190,500 shares, the days-to-cover ratio is presently 0.0 days.

Vodacom Group Stock Performance

VDMCY stock traded up $0.11 during trading on Friday, hitting $4.80. 49,648 shares of the company’s stock traded hands, compared to its average volume of 61,707. The business has a fifty day simple moving average of $4.97 and a two-hundred day simple moving average of $5.32. Vodacom Group has a 1 year low of $4.56 and a 1 year high of $7.23.

About Vodacom Group

Vodacom Group Limited operates as a connectivity, digital, and financial services company in South Africa and internationally. It offers range of communication services, including data, mobile and fixed voice, messaging, financial services, enterprise IT, and converged services. The company also provides mobile and fixed line connectivity solutions, as well as internet and virtual private network services to its customers over various wireless, fixed-line, satellite, mobile, and converged technologies; and cloud hosting and security services comprising infrastructure as a service, platform as a service, software as a service, security services, hosted applications, and primary and direct connectivity to all hyperscalers.