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 trading volume of 124,100 shares, the short-interest ratio is presently 0.2 days.

Vodacom Group Stock Performance

Shares of OTCMKTS:VDMCY traded up $0.05 during trading on Tuesday, hitting $5.93. 145,805 shares of the company’s stock were exchanged, compared to its average volume of 103,919. The business’s 50-day simple moving average is $5.62 and its 200 day simple moving average 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 business also recently declared a dividend, which was paid on Monday, December 9th. Shareholders of record on Friday, November 29th were paid a $0.1634 dividend. The ex-dividend date of this dividend was Friday, November 29th. This is a boost from Vodacom Group’s previous dividend of $0.10. Vodacom Group’s payout ratio is presently 42.59%.

About Vodacom Group

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.