Vodafone Group PLC (NASDAQ:VOD) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 13,239,638 shares, a growth of 70.1% from the October 31st total of 7,781,546 shares. Based on an average daily volume of 5,698,462 shares, the days-to-cover ratio is currently 2.3 days.

Several hedge funds have recently bought and sold shares of the business. Fisher Asset Management LLC raised its stake in shares of Vodafone Group by 4.7% during the third quarter. Fisher Asset Management LLC now owns 24,824,481 shares of the cell phone carrier’s stock worth $706,505,000 after acquiring an additional 1,121,862 shares in the last quarter. Federated Investors Inc. PA raised its stake in shares of Vodafone Group by 5.4% during the second quarter. Federated Investors Inc. PA now owns 9,620,051 shares of the cell phone carrier’s stock worth $276,384,000 after acquiring an additional 492,968 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Vodafone Group by 5.3% during the third quarter. Dimensional Fund Advisors LP now owns 7,630,584 shares of the cell phone carrier’s stock worth $217,166,000 after acquiring an additional 386,931 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Vodafone Group by 9.0% during the second quarter. Renaissance Technologies LLC now owns 5,641,400 shares of the cell phone carrier’s stock worth $162,077,000 after acquiring an additional 467,200 shares in the last quarter. Finally, BlackRock Inc. raised its stake in shares of Vodafone Group by 8,534.1% during the first quarter. BlackRock Inc. now owns 4,340,342 shares of the cell phone carrier’s stock worth $114,716,000 after acquiring an additional 4,290,072 shares in the last quarter. 10.06% of the stock is currently owned by hedge funds and other institutional investors.

VOD has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Vodafone Group from a “sell” rating to a “buy” rating and set a $34.00 target price on the stock in a research note on Friday, November 17th. BidaskClub downgraded shares of Vodafone Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Vodafone Group in a research note on Thursday, November 23rd. UBS reaffirmed a “buy” rating on shares of Vodafone Group in a research note on Friday, October 27th. Finally, Bank of America raised shares of Vodafone Group from a “neutral” rating to a “buy” rating and set a $32.56 target price on the stock in a research note on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the stock. Vodafone Group has an average rating of “Buy” and a consensus price target of $32.14.

Vodafone Group (NASDAQ VOD) opened at $30.73 on Friday. Vodafone Group has a one year low of $24.30 and a one year high of $31.03. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.46.

The firm also recently declared a semiannual dividend, which will be paid on Friday, February 2nd. Shareholders of record on Friday, November 24th will be paid a dividend of $0.5642 per share. This represents a dividend yield of 3.68%. The ex-dividend date of this dividend is Wednesday, November 22nd. Vodafone Group’s dividend payout ratio (DPR) is presently -310.81%.

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Vodafone Group Company Profile

Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.

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