Vodafone Group Plc (VOD) Short Interest Update

Vodafone Group Plc (NASDAQ:VOD) saw a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 8,911,659 shares, a decrease of 28.3% from the January 12th total of 12,433,897 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 3,488,547 shares, the short-interest ratio is currently 2.6 days.

Hedge funds have recently modified their holdings of the company. ACR Alpine Capital Research LLC acquired a new stake in Vodafone Group during the fourth quarter worth about $122,059,000. Miller Howard Investments Inc. NY raised its stake in Vodafone Group by 58.2% during the fourth quarter. Miller Howard Investments Inc. NY now owns 3,900,428 shares of the cell phone carrier’s stock worth $124,424,000 after acquiring an additional 1,434,846 shares during the period. Fisher Asset Management LLC raised its stake in Vodafone Group by 4.6% during the fourth quarter. Fisher Asset Management LLC now owns 25,957,027 shares of the cell phone carrier’s stock worth $828,029,000 after acquiring an additional 1,132,546 shares during the period. First Trust Advisors LP raised its stake in Vodafone Group by 153.7% during the third quarter. First Trust Advisors LP now owns 819,323 shares of the cell phone carrier’s stock worth $23,318,000 after acquiring an additional 496,431 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Vodafone Group by 5.3% during the third quarter. Dimensional Fund Advisors LP now owns 7,630,584 shares of the cell phone carrier’s stock worth $217,166,000 after acquiring an additional 386,931 shares during the period. 10.35% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have weighed in on VOD shares. Zacks Investment Research cut shares of Vodafone Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 18th. BidaskClub raised shares of Vodafone Group from a “sell” rating to a “hold” rating in a research report on Thursday, October 19th. UBS Group reaffirmed a “buy” rating on shares of Vodafone Group in a research report on Friday, October 27th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Vodafone Group in a research report on Thursday, November 23rd. Finally, Barclays raised shares of Vodafone Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, December 8th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $33.32.

Vodafone Group (NASDAQ:VOD) opened at $28.54 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.95 and a current ratio of 0.96. Vodafone Group has a 12-month low of $24.68 and a 12-month high of $32.75. The company has a market cap of $75,770.00, a PE ratio of -75.11, a PEG ratio of 2.00 and a beta of 0.87.

The business also recently declared a semiannual dividend, which was paid on Friday, February 2nd. Stockholders of record on Friday, November 24th were given a dividend of $0.5642 per share. The ex-dividend date of this dividend was Wednesday, November 22nd. This represents a dividend yield of 3.68%. Vodafone Group’s payout ratio is -302.63%.

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Vodafone Group 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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