Short Interest in Vodacom Group Limited (OTCMKTS:VDMCY) Grows By 2,400.0%

Vodacom Group Limited (OTCMKTS:VDMCY) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 2,500 shares, a growth of 2,400.0% from the March 31st total of 100 shares. Based on an average trading volume of 40,700 shares, the short-interest ratio is currently 0.1 days.

Vodacom Group Price Performance

Shares of VDMCY opened at $7.27 on Monday. The business’s 50 day moving average is $6.49 and its 200 day moving average is $6.09. Vodacom Group has a 12-month low of $4.65 and a 12-month high of $7.28.

About Vodacom Group

Vodacom Group Limited operates as a connectivity, digital, and financial services company in South Africa and internationally. It offers range of communication services, including data, mobile and fixed voice, messaging, financial services, enterprise IT, and converged services. The company also provides mobile and fixed line connectivity solutions, as well as internet and virtual private network services to its customers over various wireless, fixed-line, satellite, mobile, and converged technologies; and cloud hosting and security services comprising infrastructure as a service, platform as a service, software as a service, security services, hosted applications, and primary and direct connectivity to all hyperscalers.