Is Buying VODACOM GROUP LTD ORDINARY SHARES S (OTCMKTS:VODAF) Here Good Idea?

June 13, 2018 - By Jimmy Baldridge

The stock of VODACOM GROUP LTD ORDINARY SHARES S (OTCMKTS:VODAF) registered a decrease of 21.98% in short interest. VODAF’s total short interest was 381,200 shares in June as published by FINRA. Its down 21.98% from 488,600 shares, reported previously. With 400 shares average volume, it will take short sellers 953 days to cover their VODAF’s short positions.

The stock decreased 4.82% or $0.53 during the last trading session, reaching $10.47. About 215 shares traded. Vodacom Group Limited (OTCMKTS:VODAF) has 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Vodacom Group Limited, a unified communications provider, provides mobile voice, messaging, data, financial, and converged services to the consumer, business, and enterprise clients in South Africa and internationally. The company has market cap of $17.54 billion. The firm offers contract or prepaid voice, messaging, and data services, as well as handsets. It currently has negative earnings. It also provides connectivity, and Internet and virtual private network services to its clients over various wireless, fixed-line, satellite, mobile, and converged technologies; and hosted cloud services, as well as enterprise mobility, unified communication, machine to machine communications, broadband, track and monitor, mHealth, and mEducation services.

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