Vodacom Group Limited (OTCMKTS:VDMCY) Short Interest Update

Vodacom Group Limited (OTCMKTS:VDMCY) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 19,800 shares, an increase of 6,500.0% from the December 31st total of 300 shares. Based on an average daily volume of 124,100 shares, the short-interest ratio is currently 0.2 days.

Vodacom Group Stock Performance

Shares of Vodacom Group stock opened at $6.03 on Wednesday. Vodacom Group has a 1 year low of $4.56 and a 1 year high of $6.77. The business has a 50 day moving average price of $5.62 and a 200 day moving average price of $5.85.

Vodacom Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 29th were given a $0.1634 dividend. This is an increase from Vodacom Group’s previous dividend of $0.10. The ex-dividend date was Friday, November 29th. Vodacom Group’s dividend payout ratio is currently 42.59%.

Vodacom Group Company Profile

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.