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

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

Analysts Set New Price Targets

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

Institutional Trading of Vodafone Group Public

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Stifel Financial Corp boosted its stake in shares of Vodafone Group Public by 34.9% in the 3rd quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock valued at $7,796,000 after purchasing an additional 201,360 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in Vodafone Group Public by 1,119.6% during the third 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 during the last quarter. International Assets Investment Management LLC bought a new position in shares of Vodafone Group Public in the 3rd quarter worth about $7,482,000. Goldentree Asset Management LP lifted its stake in shares of Vodafone Group Public by 1.9% in the 3rd quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock valued at $32,898,000 after purchasing an additional 60,943 shares during the period. Finally, FNY Investment Advisers LLC boosted its position in shares of Vodafone Group Public by 62,900.0% during the 4th quarter. FNY Investment Advisers LLC now owns 63,000 shares of the cell phone carrier’s stock valued at $534,000 after purchasing an additional 62,900 shares in the last quarter. Institutional investors and hedge funds own 7.84% of the company’s stock.

Vodafone Group Public Trading Up 1.1 %

Shares of VOD stock opened at $8.59 on Thursday. The stock has a 50-day moving average of $8.50 and a 200-day moving average 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. Vodafone Group Public has a 1-year low of $8.00 and a 1-year high of $10.39.

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.