Vodafone Group Public Limited (NASDAQ:VOD) Short Interest Up 170.6% in November

Vodafone Group Public Limited (NASDAQ:VOD) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 4,410,000 shares, a growth of 170.6% from the October 31st total of 1,630,000 shares. Based on an average daily volume of 4,990,000 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On Vodafone Group Public

A number of institutional investors have recently modified their holdings of the company. Oppenheimer & Co. Inc. grew its stake in Vodafone Group Public by 1,119.6% during the third quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock worth $9,441,000 after purchasing an additional 864,924 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Vodafone Group Public during the 3rd quarter worth approximately $7,482,000. Clifford Capital Partners LLC lifted its position in shares of Vodafone Group Public by 30.1% during the 2nd quarter. Clifford Capital Partners LLC now owns 2,012,210 shares of the cell phone carrier’s stock valued at $17,848,000 after acquiring an additional 465,802 shares during the period. US Bancorp DE boosted its stake in Vodafone Group Public by 79.0% during the third quarter. US Bancorp DE now owns 131,685 shares of the cell phone carrier’s stock worth $1,319,000 after acquiring an additional 58,130 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Vodafone Group Public by 3.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,785,945 shares of the cell phone carrier’s stock valued at $15,841,000 after purchasing an additional 59,478 shares in the last quarter. 7.84% of the stock is owned by institutional investors.

Vodafone Group Public Price Performance

Shares of VOD opened at $8.97 on Friday. The business has a 50-day moving average of $9.41 and a 200-day moving average of $9.40. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. Vodafone Group Public has a 1 year low of $8.02 and a 1 year high of $10.39.

Vodafone Group Public Cuts Dividend

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

Analyst Ratings Changes

Several equities research analysts recently commented on VOD shares. UBS Group downgraded shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, August 5th. StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, August 30th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

About Vodafone Group Public

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.