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

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

Vodafone Group Public Price Performance

NASDAQ:VOD traded up $0.01 during mid-day trading on Friday, reaching $8.69. The stock had a trading volume of 6,064,459 shares, compared to its average volume of 6,184,595. The firm has a 50 day moving average price of $9.20 and a two-hundred day moving average price of $9.36. 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 one year low of $8.02 and a one year high of $10.39.

Vodafone Group Public Cuts Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. The Goldman Sachs Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Vodafone Group Public has a consensus rating of “Moderate Buy”.

Institutional Investors Weigh In On Vodafone Group Public

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Asset Dedication LLC increased its position in shares of Vodafone Group Public by 630.9% during the second quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock valued at $41,000 after acquiring an additional 4,000 shares in the last quarter. Trust Co. of Vermont lifted its holdings in shares of Vodafone Group Public by 1,493.2% during the third quarter. Trust Co. of Vermont now owns 4,700 shares of the cell phone carrier’s stock valued at $47,000 after purchasing an additional 4,405 shares in the last quarter. Rothschild Investment LLC bought a new stake in Vodafone Group Public in the 2nd quarter worth about $49,000. CENTRAL TRUST Co raised its position in Vodafone Group Public by 37.8% in the 3rd quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier’s stock worth $55,000 after buying an additional 1,513 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in Vodafone Group Public by 79.9% during the 3rd quarter. GAMMA Investing LLC now owns 7,023 shares of the cell phone carrier’s stock valued at $70,000 after acquiring an additional 3,120 shares during the period. 7.84% of the stock is owned by hedge funds and other institutional investors.

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.