Short Interest in United Internet AG (OTCMKTS:UDIRF) Declines By 33.9%

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

United Internet Stock Performance

United Internet stock opened at $19.50 on Friday. The firm has a 50 day simple moving average of $16.56 and a 200-day simple moving average of $19.58. The stock has a market cap of $3.74 billion, a price-to-earnings ratio of -1,950,000.00 and a beta of 0.61. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.94 and a quick ratio of 0.88. United Internet has a 1-year low of $15.55 and a 1-year high of $19.50.

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.