Vodafone Group PLC (NASDAQ:VOD) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 15,034,043 shares, an increase of 12.1% from the May 31st total of 13,411,465 shares. Based on an average trading volume of 3,711,308 shares, the days-to-cover ratio is presently 4.1 days.

Several institutional investors have recently made changes to their positions in VOD. Becker Capital Management Inc. acquired a new position in shares of Vodafone Group PLC during the fourth quarter valued at about $34,857,000. M Holdings Securities Inc. boosted its position in shares of Vodafone Group PLC by 17.2% in the fourth quarter. M Holdings Securities Inc. now owns 19,237 shares of the cell phone carrier’s stock valued at $470,000 after buying an additional 2,828 shares in the last quarter. HighPoint Advisor Group LLC boosted its position in shares of Vodafone Group PLC by 0.3% in the fourth quarter. HighPoint Advisor Group LLC now owns 20,569 shares of the cell phone carrier’s stock valued at $520,000 after buying an additional 65 shares in the last quarter. Westport Asset Management Inc. acquired a new position in shares of Vodafone Group PLC during the fourth quarter valued at about $234,000. Finally, WFG Advisors LP boosted its position in shares of Vodafone Group PLC by 398.3% in the fourth quarter. WFG Advisors LP now owns 26,305 shares of the cell phone carrier’s stock valued at $1,283,000 after buying an additional 21,026 shares in the last quarter. 10.46% of the stock is currently owned by institutional investors.

Shares of Vodafone Group PLC (VOD) opened at 28.89 on Thursday. Vodafone Group PLC has a one year low of $24.17 and a one year high of $32.68. The stock’s market cap is $76.91 billion. The firm has a 50 day moving average of $28.65 and a 200 day moving average of $26.34.

The firm also recently disclosed a semiannual dividend, which will be paid on Friday, August 4th. Stockholders of record on Friday, June 9th will be paid a $1.1234 dividend. The ex-dividend date of this dividend is Wednesday, June 7th. This represents a dividend yield of 7.74%. This is a boost from Vodafone Group PLC’s previous semiannual dividend of $0.56.

Several research analysts have weighed in on VOD shares. Sanford C. Bernstein restated an “outperform” rating on shares of Vodafone Group PLC in a research report on Friday, June 16th. J P Morgan Chase & Co restated a “buy” rating on shares of Vodafone Group PLC in a research report on Wednesday, June 14th. Argus upgraded shares of Vodafone Group PLC from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a research report on Monday, June 12th. BidaskClub lowered shares of Vodafone Group PLC from a “buy” rating to a “hold” rating in a research report on Saturday, June 10th. Finally, Standpoint Research lowered shares of Vodafone Group PLC from an “accumulate” rating to a “reduce” rating and set a $30.00 target price on the stock. in a research report on Thursday, June 1st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, seven have issued a buy rating and two have given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $31.12.

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Vodafone Group PLC Company Profile

Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.

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