freenet AG (OTCMKTS:FRTAF) Sees Significant Growth in Short Interest

freenet AG (OTCMKTS:FRTAF) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 82,800 shares, a growth of 6.0% from the March 31st total of 78,100 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

freenet Price Performance

freenet stock remained flat at $27.14 during trading hours on Tuesday. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 0.17. freenet has a 1 year low of $27.14 and a 1 year high of $27.14. The firm has a fifty day moving average of $26.96 and a 200-day moving average of $26.21.

freenet (OTCMKTS:FRTAF) last announced its quarterly earnings data on Tuesday, March 26th. The company reported $0.44 earnings per share (EPS) for the quarter. The firm had revenue of $741.37 million for the quarter. freenet had a net margin of 5.89% and a return on equity of 17.02%.

About freenet

freenet AG provides telecommunications, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services 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 communications network operators; planning, construction, installation, and maintenance services for WiFi networks; and selling and distribution of mobile communications devices, as well as offers additional services for mobile data communications and digital lifestyle.