What’s in Vodafone Group Plc – American Depositary Shares EA (NASDAQ:VOD) After Decline in Shorted Shares?

June 14, 2018 - By Winifred Garcia

Vodafone Group Plc (NASDAQ:VOD) Logo

The stock of Vodafone Group Plc – American Depositary Shares EA (NASDAQ:VOD) registered a decrease of 4.31% in short interest. VOD’s total short interest was 10.39 million shares in June as published by FINRA. Its down 4.31% from 10.86M shares, reported previously. With 3.26M shares average volume, it will take short sellers 3 days to cover their VOD’s short positions.

The stock increased 1.50% or $0.37 during the last trading session, reaching $25.06. About 2.40 million shares traded. Vodafone Group Plc (NASDAQ:VOD) has declined 12.54% since June 14, 2017 and is downtrending. It has underperformed by 25.11% the S&P500.

Vodafone Group Plc operates as a telecommunications firm worldwide. The company has market cap of $66.98 billion. The firm offers voice, messaging, and data services across mobile and fixed networks; broadband and TV services; cloud and hosting for storing data and applications in the cloud, as well as Internet protocol-virtual private network services; roaming services; and converged communication services to small businesses and large multinational companies. It currently has negative earnings. It also provides M-Pesa, a mobile money service; GigaKombi; GigaTV, an advanced digital TV service; and Vodafone One, an integrated fixed, mobile, and TV service.

Vodafone Group Plc (NASDAQ:VOD) Ratings Coverage

Among 4 analysts covering Vodafone (NASDAQ:VOD), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Vodafone has $37.26 highest and $30 lowest target. $33.63’s average target is 34.20% above currents $25.06 stock price. Vodafone had 6 analyst reports since January 17, 2018 according to SRatingsIntel. Argus Research maintained the stock with “Buy” rating in Wednesday, June 13 report. The rating was upgraded by Citigroup on Wednesday, April 4 to “Buy”. The stock has “Neutral” rating by Citigroup on Thursday, May 17. As per Wednesday, January 17, the company rating was upgraded by Raymond James. Bank of America maintained Vodafone Group Plc (NASDAQ:VOD) on Wednesday, May 16 with “Buy” rating.

More notable recent Vodafone Group Plc (NASDAQ:VOD) news were published by: Seekingalpha.com which released: “Vodafone NZ CEO Stanners exiting role” on June 11, 2018, also Seekingalpha.com with their article: “Why The Negativity Over Vodafone?” published on May 23, 2018, 247Wallst.com published: “H&R Block, Avon Products Dive Wednesday’s 52-Week Low Club” on June 13, 2018. More interesting news about Vodafone Group Plc (NASDAQ:VOD) were released by: Seekingalpha.com and their article: “45 ‘Safer’ Dividend Nasdaq Equities For June” published on June 11, 2018 as well as Benzinga.com‘s news article titled: “10 Biggest Price Target Changes For Wednesday” with publication date: June 13, 2018.

Vodafone Group Plc (NASDAQ:VOD) Ratings Chart

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