Short Interest in Vodafone Group Public Limited (NASDAQ:VOD) Increases By 170.6%

Vodafone Group Public Limited (NASDAQ:VOD - Get Free Report) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 4,410,000 shares, a growth of 170.6% from the October 31st total of 1,630,000 shares. Based on an average daily trading volume, of 4,990,000 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the company's shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. SVB Wealth LLC lifted its stake in shares of Vodafone Group Public by 96.4% during the 1st quarter. SVB Wealth LLC now owns 20,732 shares of the cell phone carrier's stock worth $185,000 after buying an additional 10,174 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its position in shares of Vodafone Group Public by 67.7% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 52,092 shares of the cell phone carrier's stock valued at $494,000 after buying an additional 21,024 shares in the last quarter. Atria Investments Inc raised its position in shares of Vodafone Group Public by 18.0% in the 1st quarter. Atria Investments Inc now owns 755,963 shares of the cell phone carrier's stock valued at $6,728,000 after buying an additional 115,259 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Vodafone Group Public by 163.7% in the 1st quarter. Cetera Investment Advisers now owns 692,886 shares of the cell phone carrier's stock valued at $6,167,000 after buying an additional 430,092 shares in the last quarter. Finally, Cetera Advisors LLC grew its holdings in shares of Vodafone Group Public by 465.9% during the 1st quarter. Cetera Advisors LLC now owns 290,740 shares of the cell phone carrier's stock valued at $2,588,000 after purchasing an additional 239,367 shares during the last quarter. Institutional investors own 7.84% of the company's stock.

Vodafone Group Public Stock Performance

Vodafone Group Public stock opened at $8.97 on Thursday. Vodafone Group Public has a 1-year low of $8.02 and a 1-year high of $10.39. The company has a fifty day simple moving average of $9.46 and a 200 day simple moving average of $9.41. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.78.

Vodafone Group Public Cuts Dividend

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

Analysts Set New Price Targets

Several equities research analysts have weighed in on VOD shares. UBS Group lowered shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, August 5th. StockNews.com upgraded shares of Vodafone Group Public from a "hold" rating to a "buy" rating in a report on Friday, August 30th. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Vodafone Group Public currently has an average 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.