Vodacom Group Limited (OTCMKTS:VDMCY) Short Interest Down 65.0% in June

Vodacom Group Limited (OTCMKTS:VDMCY) was the target of a large drop in short interest in June. As of June 15th, there was short interest totalling 700 shares, a drop of 65.0% from the May 31st total of 2,000 shares. Based on an average daily volume of 53,300 shares, the short-interest ratio is presently 0.0 days.

Vodacom Group Trading Down 1.6 %

Shares of VDMCY stock opened at $5.02 on Friday. Vodacom Group has a 52 week low of $4.56 and a 52 week high of $6.87. The company has a 50 day moving average price of $5.03 and a 200-day moving average price of $5.18.

Vodacom Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 21st will be issued a $0.104 dividend. The ex-dividend date of this dividend is Friday, June 21st. Vodacom Group’s dividend 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.