United Internet AG (OTCMKTS:UDIRF) Sees Significant Drop in Short Interest

United Internet AG (OTCMKTS:UDIRF) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 71,600 shares, a decrease of 33.9% from the February 28th total of 108,400 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days. Approximately 0.0% of the company’s shares are short sold.

United Internet Stock Performance

Shares of OTCMKTS:UDIRF opened at $19.50 on Monday. United Internet has a one year low of $15.55 and a one year high of $19.50. The firm has a market cap of $3.74 billion, a PE ratio of -1,950,000.00 and a beta of 0.61. The firm’s 50 day simple moving average is $16.56 and its 200-day simple moving average is $19.50. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.88 and a current ratio of 0.94.

About United Internet

United Internet AG, through its subsidiaries, operates as an Internet service provider worldwide. The company operates through Consumer Access, Business Access, Consumer Applications, and Business Applications segments. It offers landline-based broadband and mobile internet products, including home networks, online storage, telephony, and IPTV for private users; and telecommunication products ranging from fiber-optic direct connections to tailored ICT solutions, which include voice, data, and network solutions, as well as infrastructure services to national and international carriers and ISPs.