freenet AG (OTCMKTS:FRTAF) Short Interest Down 6.4% in September

freenet AG (OTCMKTS:FRTAF) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 28,000 shares, a decrease of 6.4% from the September 15th total of 29,900 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

freenet Stock Performance

OTCMKTS:FRTAF remained flat at $26.87 during mid-day trading on Wednesday. The company has a current ratio of 0.67, a quick ratio of 0.62 and a debt-to-equity ratio of 0.31. freenet has a 1 year low of $26.87 and a 1 year high of $26.87. The firm has a market cap of $3.44 billion, a PE ratio of 14.52 and a beta of 0.40. The stock has a fifty day simple moving average of $26.92 and a 200 day simple moving average of $27.06.

freenet (OTCMKTS:FRTAF) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.69 earnings per share (EPS) for the quarter. The firm had revenue of $651.55 million during the quarter. freenet had a net margin of 8.56% and a return on equity of 18.16%.

About freenet

freenet AG provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany. It operates through Mobile Communications, TV and Media, and Other/Holding segments. The Mobile Communications segment engages in the marketing of mobile communications services, which include voice and data services from the mobile network operators; planning, set up, installation, and maintenance services for WiFi networks; and selling and distribution of mobile devices, as well as offers additional services for mobile data communications and digital lifestyle.