Vodacom Group Limited (OTCMKTS:VDMCY) Sees Large Decline in Short Interest

Vodacom Group Limited (OTCMKTS:VDMCY) saw a significant decrease in short interest in January. As of January 31st, there was short interest totalling 61,700 shares, a decrease of 76.8% from the January 15th total of 266,100 shares. Based on an average daily volume of 175,700 shares, the short-interest ratio is presently 0.4 days.

Vodacom Group Stock Up 0.6 %

Shares of OTCMKTS VDMCY opened at $6.55 on Thursday. Vodacom Group has a twelve month low of $4.56 and a twelve month high of $6.77. The stock has a fifty day simple moving average of $5.77 and a 200-day simple moving average of $5.93.

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.