Vodafone Group Public Limited (NASDAQ:VOD) Short Interest Up 25.0% in December

Vodafone Group Public Limited (NASDAQ:VOD) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 6,450,000 shares, a growth of 25.0% from the November 30th total of 5,160,000 shares. Based on an average daily trading volume, of 5,650,000 shares, the short-interest ratio is presently 1.1 days. Currently, 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On Vodafone Group Public

A number of institutional investors have recently added to or reduced their stakes in the company. Apollon Wealth Management LLC raised its stake in Vodafone Group Public by 7.6% in the third quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier’s stock valued at $171,000 after buying an additional 1,204 shares during the period. Profund Advisors LLC lifted its holdings in Vodafone Group Public by 3.0% during the 2nd quarter. Profund Advisors LLC now owns 46,497 shares of the cell phone carrier’s stock valued at $412,000 after purchasing an additional 1,350 shares during the last quarter. DRW Securities LLC boosted its position in Vodafone Group Public by 2.2% during the third quarter. DRW Securities LLC now owns 66,256 shares of the cell phone carrier’s stock worth $664,000 after purchasing an additional 1,399 shares during the period. D Orazio & Associates Inc. increased its holdings in shares of Vodafone Group Public by 11.5% in the second quarter. D Orazio & Associates Inc. now owns 13,870 shares of the cell phone carrier’s stock valued at $123,000 after purchasing an additional 1,429 shares during the last quarter. Finally, Pitcairn Co. raised its position in shares of Vodafone Group Public by 10.4% in the third quarter. Pitcairn Co. now owns 15,432 shares of the cell phone carrier’s stock valued at $155,000 after purchasing an additional 1,458 shares during the period. 7.84% of the stock is currently owned by institutional investors and hedge funds.

Vodafone Group Public Stock Up 0.1 %

VOD traded up $0.01 on Friday, hitting $8.43. 7,551,491 shares of the company were exchanged, compared to its average volume of 6,255,521. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. The stock’s fifty day moving average is $8.94 and its 200-day moving average is $9.29. The company has a market cap of $21.73 billion, a PE ratio of 8.03, a PEG ratio of 0.61 and a beta of 0.77. Vodafone Group Public has a 12 month low of $8.02 and a 12 month high of $10.39.

Vodafone Group Public Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, November 22nd will be issued a $0.2423 dividend. This represents a dividend yield of 8%. The ex-dividend date is Friday, November 22nd. Vodafone Group Public’s payout ratio is presently 42.86%.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

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.