Vodacom Group Limited (OTCMKTS:VDMCY) Short Interest Up 77.7% in December

Vodacom Group Limited (OTCMKTS:VDMCY) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 16,826 shares, an increase of 77.7% from the November 30th total of 9,470 shares. Based on an average daily volume of 25,189 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 25,189 shares, the short-interest ratio is presently 0.7 days.

Vodacom Group Trading Up 0.6%

Shares of Vodacom Group stock opened at $8.32 on Friday. Vodacom Group has a 12 month low of $5.10 and a 12 month high of $8.51. The business’s 50-day moving average price is $8.02 and its 200-day moving average price is $7.92.

Vodacom Group Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, December 8th. Shareholders of record on Monday, December 1st were paid a dividend of $0.1357 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a dividend yield of 321.0%. Vodacom Group’s dividend payout ratio (DPR) is 42.59%.

Vodacom Group Company Profile

Vodacom Group Limited is a leading African mobile communications company offering a comprehensive range of voice, messaging, data and financial services. The company serves both consumer and enterprise markets, delivering mobile voice and data networks alongside digital solutions such as cloud computing, Internet of Things (IoT) connectivity and mobile financial services. Vodacom’s product portfolio includes prepaid and contract mobile plans, broadband internet services and a suite of digital applications designed to support e-commerce, health and educational initiatives across its markets.

Headquartered in Johannesburg, South Africa, Vodacom operates across multiple countries in sub-Saharan Africa, including South Africa, Tanzania, the Democratic Republic of the Congo, Mozambique and Kenya, with additional presence through partner networks in Lesotho and other regions.