Vodafone Group Public Limited (NASDAQ:VOD) Short Interest Update

Vodafone Group Public Limited (NASDAQ:VOD) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 11,790,000 shares, a growth of 21.2% from the June 15th total of 9,730,000 shares. Based on an average daily volume of 5,660,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 0.4% of the shares of the company are short sold.

Institutional Trading of Vodafone Group Public

A number of hedge funds and other institutional investors have recently made changes to their positions in VOD. Foundations Investment Advisors LLC acquired a new stake in shares of Vodafone Group Public in the fourth quarter valued at $88,000. International Assets Investment Management LLC acquired a new stake in Vodafone Group Public in the 4th quarter valued at about $589,000. Allspring Global Investments Holdings LLC bought a new position in shares of Vodafone Group Public during the 1st quarter valued at about $46,000. Stifel Financial Corp raised its holdings in shares of Vodafone Group Public by 23.6% in the 4th quarter. Stifel Financial Corp now owns 532,381 shares of the cell phone carrier’s stock worth $4,632,000 after purchasing an additional 101,553 shares in the last quarter. Finally, ACR Alpine Capital Research LLC lifted its stake in Vodafone Group Public by 40.4% during the first quarter. ACR Alpine Capital Research LLC now owns 21,608,956 shares of the cell phone carrier’s stock valued at $192,320,000 after purchasing an additional 6,216,805 shares during the last quarter. 7.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on VOD shares. New Street Research raised Vodafone Group Public to a “strong-buy” rating in a research report on Monday, July 8th. StockNews.com cut shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday, May 27th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Vodafone Group Public in a research report on Thursday, June 20th. They issued a “buy” rating for the company. One analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $14.45.

Vodafone Group Public Trading Down 1.2 %

Shares of VOD stock opened at $9.03 on Tuesday. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.79. Vodafone Group Public has a 1 year low of $8.02 and a 1 year high of $10.19. The stock has a fifty day moving average of $9.13 and a two-hundred day moving average of $8.82.

Vodafone Group Public Cuts Dividend

The business also recently announced a Semi-Annual dividend, which will be paid on Friday, August 2nd. Investors of record on Friday, June 7th will be given a $0.469 dividend. The ex-dividend date is Friday, June 7th. This represents a yield of 9.6%.

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.