Vodacom Group Limited (OTCMKTS:VDMCY) Short Interest Update

Vodacom Group Limited (OTCMKTS:VDMCY) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 16,826 shares, an increase of 77.7% from the November 30th total of 9,470 shares. Based on an average daily trading volume, of 25,189 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily trading volume, of 25,189 shares, the days-to-cover ratio is presently 0.7 days.

Vodacom Group Price Performance

OTCMKTS:VDMCY opened at $8.32 on Monday. The business’s 50-day simple moving average is $8.02 and its two-hundred day simple moving average is $7.92. Vodacom Group has a 52 week low of $5.10 and a 52 week high of $8.51.

Vodacom Group Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, December 8th. Stockholders of record on Monday, December 1st were issued a $0.1357 dividend. The ex-dividend date was Friday, November 28th. This represents a dividend yield of 321.0%. Vodacom Group’s payout ratio is currently 42.59%.

About Vodacom Group

Vodacom Group Limited is a leading African mobile communications company offering a comprehensive range of voice, messaging, data and financial services. The company serves both consumer and enterprise markets, delivering mobile voice and data networks alongside digital solutions such as cloud computing, Internet of Things (IoT) connectivity and mobile financial services. Vodacom’s product portfolio includes prepaid and contract mobile plans, broadband internet services and a suite of digital applications designed to support e-commerce, health and educational initiatives across its markets.

Headquartered in Johannesburg, South Africa, Vodacom operates across multiple countries in sub-Saharan Africa, including South Africa, Tanzania, the Democratic Republic of the Congo, Mozambique and Kenya, with additional presence through partner networks in Lesotho and other regions.