Vodacom Group Limited (OTCMKTS:VDMCY) Short Interest Down 55.0% in February

Vodacom Group Limited (OTCMKTS:VDMCY) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 11,800 shares, a decline of 55.0% from the February 13th total of 26,200 shares. Based on an average daily trading volume, of 133,300 shares, the short-interest ratio is currently 0.1 days.

Vodacom Group Stock Down 3.5 %

Shares of OTCMKTS:VDMCY opened at $6.14 on Friday. The firm’s 50 day simple moving average is $6.11 and its 200-day simple moving average is $6.03. Vodacom Group has a one year low of $4.56 and a one year high of $6.85.

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.