Short Interest in Vodafone Group Public Limited (NASDAQ:VOD) Drops By 48.9%

Vodafone Group Public Limited (NASDAQ:VOD - Get Free Report) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,630,000 shares, a decline of 48.9% from the October 15th total of 3,190,000 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 4,580,000 shares, the days-to-cover ratio is presently 0.4 days.

Vodafone Group Public Trading Up 3.5 %

NASDAQ VOD traded up $0.30 during trading on Wednesday, hitting $8.77. The company's stock had a trading volume of 8,439,977 shares, compared to its average volume of 6,142,114. Vodafone Group Public has a 52 week low of $8.02 and a 52 week high of $10.39. The firm has a 50 day moving average price of $9.73 and a 200 day moving average price of $9.39. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31.

Institutional Trading of Vodafone Group Public

Institutional investors have recently modified their holdings of the company. GAMMA Investing LLC raised its position in shares of Vodafone Group Public by 116.7% during the second quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier's stock worth $35,000 after acquiring an additional 2,102 shares during the last quarter. Asset Dedication LLC boosted 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 worth $41,000 after buying an additional 4,000 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in Vodafone Group Public during the first quarter valued at approximately $46,000. Trust Co. of Vermont boosted its holdings in shares of Vodafone Group Public by 1,493.2% in the 3rd 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. Finally, Rothschild Investment LLC bought a new stake in Vodafone Group Public during the 2nd quarter worth approximately $49,000. Institutional investors and hedge funds own 7.84% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on VOD shares. StockNews.com upgraded shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a research report on Friday, August 30th. UBS Group downgraded shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, August 5th. One equities 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 given a strong buy rating to the company's stock. According to data from MarketBeat, Vodafone Group Public 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.