Vodacom Group Limited (OTCMKTS:VDMCY) Short Interest Up 388.6% in July

Vodacom Group Limited (OTCMKTS:VDMCY) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 65,559 shares, a growth of 388.6% from the July 15th total of 13,419 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 68,511 shares, the short-interest ratio is presently 1.0 days.

Vodacom Group Stock Down 2.8%

OTCMKTS:VDMCY opened at $9.30 on Friday. Vodacom Group has a 52-week low of $7.44 and a 52-week high of $10.91. The stock’s 50-day simple moving average is $9.37 and its 200 day simple moving average is $9.35.

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.