Vodacom Group Limited (OTCMKTS:VDMCY) Short Interest Update

Vodacom Group Limited (OTCMKTS:VDMCY) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 2,900 shares, an increase of 480.0% from the October 31st total of 500 shares. Based on an average daily trading volume, of 34,200 shares, the short-interest ratio is currently 0.1 days.

Vodacom Group Trading Up 0.7 %

Shares of OTCMKTS:VDMCY traded up $0.04 on Wednesday, hitting $5.66. 26,106 shares of the company were exchanged, compared to its average volume of 37,183. Vodacom Group has a 1-year low of $4.56 and a 1-year high of $6.77. The stock’s 50 day moving average price is $6.08 and its 200 day moving average price is $5.70.

Vodacom Group Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, November 29th will be issued a $0.1634 dividend. This is a positive change from Vodacom Group’s previous dividend of $0.10. The ex-dividend date of this dividend is Friday, November 29th. Vodacom Group’s dividend payout ratio is 42.59%.

Vodacom Group Company Profile

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.