Vodacom Group Limited (OTCMKTS:VDMCY) Short Interest Up 6,500.0% in January

Vodacom Group Limited (OTCMKTS:VDMCY) saw a large increase in short interest in the month of 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 trading volume, of 124,100 shares, the short-interest ratio is currently 0.2 days.

Vodacom Group Stock Up 0.9 %

Shares of OTCMKTS VDMCY traded up $0.05 during trading hours on Tuesday, reaching $5.93. The stock had a trading volume of 145,805 shares, compared to its average volume of 103,919. The business’s fifty day moving average price is $5.62 and its two-hundred day moving average price is $5.85. Vodacom Group has a 52-week low of $4.56 and a 52-week high of $6.77.

Vodacom Group Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 29th were issued a $0.1634 dividend. The ex-dividend date was Friday, November 29th. This is a positive change from Vodacom Group’s previous dividend of $0.10. Vodacom Group’s 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.