Short Interest in Vodacom Group Limited (OTCMKTS:VDMCY) Declines By 64.4%

Vodacom Group Limited (OTCMKTS:VDMCY) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 5,700 shares, a decline of 64.4% from the September 15th total of 16,000 shares. Based on an average trading volume of 46,500 shares, the short-interest ratio is presently 0.1 days.

Vodacom Group Price Performance

Vodacom Group stock opened at $6.03 on Friday. The firm has a 50-day moving average price of $6.13 and a two-hundred day moving average price of $5.46. Vodacom Group has a 52-week low of $4.56 and a 52-week high of $6.77.

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.