Short Interest in Vodafone Group Public Limited (NASDAQ:VOD) Grows By 52.9%

Vodafone Group Public Limited (NASDAQ:VOD) was the recipient of a significant 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. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 7,920,000 shares, the short-interest ratio is currently 1.4 days.

Vodafone Group Public Stock Down 1.9 %

VOD opened at $8.43 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.37 and a quick ratio of 1.34. The firm has a 50 day moving average of $8.50 and a two-hundred day moving average of $9.16. Vodafone Group Public has a 12-month low of $8.00 and a 12-month high of $10.39.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in VOD. ACR Alpine Capital Research LLC lifted its holdings in Vodafone Group Public by 0.4% in the fourth quarter. ACR Alpine Capital Research LLC now owns 22,006,311 shares of the cell phone carrier’s stock valued at $186,834,000 after acquiring an additional 97,636 shares during the period. Grantham Mayo Van Otterloo & Co. LLC raised its position in shares of Vodafone Group Public by 18.1% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 14,598,375 shares of the cell phone carrier’s stock valued at $123,940,000 after acquiring an additional 2,238,935 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Vodafone Group Public by 2.9% in the fourth quarter. Renaissance Technologies LLC now owns 9,027,376 shares of the cell phone carrier’s stock valued at $76,642,000 after buying an additional 255,623 shares during the last quarter. Mediolanum International Funds Ltd bought a new position in shares of Vodafone Group Public in the third quarter worth $82,716,000. Finally, Bank of Montreal Can grew its holdings in Vodafone Group Public by 28.2% during the fourth quarter. Bank of Montreal Can now owns 5,483,837 shares of the cell phone carrier’s stock worth $46,558,000 after acquiring an additional 1,206,256 shares during the period. Hedge funds and other institutional investors own 7.84% of the company’s stock.

About Vodafone Group Public

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.