Vodafone Group Public Limited (NASDAQ:VOD) Short Interest Up 17.0% in November

Vodafone Group Public Limited (NASDAQ:VOD) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 5,160,000 shares, a growth of 17.0% from the November 15th total of 4,410,000 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 5,130,000 shares, the days-to-cover ratio is presently 1.0 days.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on VOD shares. The Goldman Sachs Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Vodafone Group Public presently has an average rating of “Moderate Buy”.

Vodafone Group Public Price Performance

Vodafone Group Public stock traded up $0.01 during mid-day trading on Friday, hitting $8.69. The stock had a trading volume of 6,064,459 shares, compared to its average volume of 6,184,595. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. The firm’s 50 day moving average is $9.20 and its 200 day moving average is $9.36. Vodafone Group Public has a one year low of $8.02 and a one year high of $10.39.

Vodafone Group Public Cuts Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, February 7th. Investors of record on Friday, November 22nd will be paid a dividend of $0.2423 per share. This represents a yield of 8%. The ex-dividend date of this dividend is Friday, November 22nd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Franklin Resources Inc. boosted its holdings in shares of Vodafone Group Public by 3.7% during the 3rd quarter. Franklin Resources Inc. now owns 61,125 shares of the cell phone carrier’s stock valued at $592,000 after purchasing an additional 2,186 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Vodafone Group Public during the third quarter valued at approximately $142,000. Sanctuary Advisors LLC grew its holdings in Vodafone Group Public by 10.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 53,610 shares of the cell phone carrier’s stock valued at $537,000 after buying an additional 4,857 shares in the last quarter. Pine Valley Investments Ltd Liability Co purchased a new stake in shares of Vodafone Group Public during the 3rd quarter worth approximately $134,000. Finally, M&T Bank Corp boosted its position in shares of Vodafone Group Public by 16.3% during the 3rd quarter. M&T Bank Corp now owns 23,238 shares of the cell phone carrier’s stock valued at $233,000 after acquiring an additional 3,262 shares during the last quarter. 7.84% of the stock is currently owned by institutional investors.

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.