Short Interest in Vodafone Group Public Limited (NASDAQ:VOD) Decreases By 48.9%

Vodafone Group Public Limited (NASDAQ:VOD) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 1,630,000 shares, a decline 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 volume of 4,580,000 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Vodafone Group Public

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vicus Capital boosted its stake in shares of Vodafone Group Public by 10.0% in the 2nd quarter. Vicus Capital now owns 12,629 shares of the cell phone carrier’s stock worth $112,000 after buying an additional 1,144 shares during the last quarter. Cohen Investment Advisors LLC grew its stake in Vodafone Group Public by 4.4% in the 2nd quarter. Cohen Investment Advisors LLC now owns 27,092 shares of the cell phone carrier’s stock valued at $257,000 after purchasing an additional 1,148 shares during the period. Apollon Wealth Management LLC raised its stake in shares of Vodafone Group Public by 7.6% during the 3rd quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier’s stock worth $171,000 after purchasing an additional 1,204 shares during the period. Profund Advisors LLC boosted its holdings in shares of Vodafone Group Public by 3.0% in the 2nd quarter. Profund Advisors LLC now owns 46,497 shares of the cell phone carrier’s stock worth $412,000 after buying an additional 1,350 shares during the last quarter. Finally, Pacific Center for Financial Services increased its holdings in Vodafone Group Public by 17.4% during the first quarter. Pacific Center for Financial Services now owns 9,199 shares of the cell phone carrier’s stock worth $82,000 after buying an additional 1,361 shares during the last quarter. 7.84% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group Public Stock Performance

Vodafone Group Public stock traded up $0.07 during trading hours on Friday, reaching $8.75. 4,236,737 shares of the stock were exchanged, compared to its average volume of 6,140,550. The stock has a 50 day moving average of $9.68 and a two-hundred day moving average of $9.38. The company has a current ratio of 1.37, a quick ratio of 1.29 and a debt-to-equity ratio of 0.78. 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 business also recently announced a semi-annual dividend, which will be paid on Friday, February 7th. Investors of record on Friday, November 22nd will be given a dividend of $0.2423 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a dividend yield of 8%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. UBS Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, August 30th. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

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.