Short Interest in Vodacom Group Limited (OTCMKTS:VDMCY) Drops By 80.7%

Vodacom Group Limited (OTCMKTS:VDMCY) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 1,100 shares, a decrease of 80.7% from the September 30th total of 5,700 shares. Based on an average daily trading volume, of 27,700 shares, the days-to-cover ratio is presently 0.0 days.

Vodacom Group Trading Up 2.1 %

VDMCY traded up $0.13 during trading on Friday, hitting $6.10. 18,296 shares of the stock traded hands, compared to its average volume of 39,292. The firm has a 50-day moving average of $6.26 and a 200 day moving average of $5.53. Vodacom Group has a 12-month low of $4.56 and a 12-month high of $6.77.

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.