United Internet AG (OTCMKTS:UDIRF) Sees Large Increase in Short Interest

United Internet AG (OTCMKTS:UDIRF) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 72,700 shares, a growth of 3,204.5% from the December 15th total of 2,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 727.0 days.

United Internet Stock Performance

Shares of UDIRF stock remained flat at $16.15 during mid-day trading on Monday. The company’s 50-day moving average is $18.53 and its two-hundred day moving average is $22.88. The stock has a market cap of $3.02 billion, a price-to-earnings ratio of 100.97 and a beta of 0.57. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.99 and a current ratio of 1.06. United Internet has a twelve month low of $15.55 and a twelve month high of $16.15.

United Internet Company Profile

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.