Vodacom Group Limited (OTCMKTS:VDMCY) Short Interest Update

Vodacom Group Limited (OTCMKTS:VDMCY) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totalling 10,200 shares, a growth of 1,357.1% from the June 15th total of 700 shares. Based on an average trading volume of 73,000 shares, the short-interest ratio is currently 0.1 days.

Vodacom Group Stock Up 1.5 %

OTCMKTS VDMCY traded up $0.08 on Friday, reaching $5.48. The company had a trading volume of 4,998 shares, compared to its average volume of 49,098. Vodacom Group has a 1 year low of $4.56 and a 1 year high of $6.87. The firm has a 50-day moving average of $5.13 and a 200-day moving average of $5.16.

Vodacom Group Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, July 1st. Stockholders of record on Friday, June 21st were paid a $0.104 dividend. The ex-dividend date of this dividend was Friday, June 21st. Vodacom Group’s dividend payout ratio (DPR) is presently 42.59%.

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.