Vodacom Group Limited (OTCMKTS:VDMCY) Short Interest Down 55.0% in February

Vodacom Group Limited (OTCMKTS:VDMCY) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 11,800 shares, a drop of 55.0% from the February 13th total of 26,200 shares. Based on an average daily volume of 133,300 shares, the days-to-cover ratio is currently 0.1 days.

Vodacom Group Stock Performance

VDMCY stock opened at $6.44 on Friday. The stock’s 50 day moving average is $6.13 and its 200-day moving average is $6.03. Vodacom Group has a twelve month low of $4.56 and a twelve month high of $6.85.

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.