Vodafone Group Public Limited (NASDAQ:VOD) Sees Large Growth in Short Interest

Vodafone Group Public Limited (NASDAQ:VOD) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 10,930,000 shares, a growth of 52.9% from the January 15th total of 7,150,000 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 7,920,000 shares, the short-interest ratio is presently 1.4 days.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Vodafone Group Public currently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Trading Up 1.1 %

Shares of Vodafone Group Public stock opened at $8.59 on Thursday. Vodafone Group Public has a 52 week low of $8.00 and a 52 week high of $10.39. The stock has a 50 day moving average price of $8.50 and a two-hundred day moving average price of $9.16. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34.

Institutional Trading of Vodafone Group Public

Several hedge funds have recently bought and sold shares of the business. Stifel Financial Corp lifted its stake in shares of Vodafone Group Public by 34.9% in the third quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock valued at $7,796,000 after buying an additional 201,360 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in Vodafone Group Public by 1,119.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock valued at $9,441,000 after acquiring an additional 864,924 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Vodafone Group Public during the 3rd quarter valued at about $7,482,000. Goldentree Asset Management LP increased its holdings in Vodafone Group Public by 1.9% during the 3rd quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock worth $32,898,000 after purchasing an additional 60,943 shares in the last quarter. Finally, FNY Investment Advisers LLC raised its stake in shares of Vodafone Group Public by 62,900.0% in the fourth quarter. FNY Investment Advisers LLC now owns 63,000 shares of the cell phone carrier’s stock worth $534,000 after purchasing an additional 62,900 shares during the last quarter. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Company Profile

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.