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

United Internet AG (OTCMKTS:UDIRF - Get Free Report) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 12,500 shares, a decrease of 62.3% from the April 30th total of 33,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 125.0 days. Currently, 0.0% of the company's shares are sold short.

Analyst Upgrades and Downgrades

Separately, BNP Paribas cut shares of United Internet from a "hold" rating to a "strong sell" rating in a research report on Thursday, April 10th.

United Internet Price Performance

OTCMKTS UDIRF remained flat at $24.55 during trading hours on Friday. The business has a fifty day simple moving average of $21.84 and a 200 day simple moving average of $18.52. United Internet has a 1 year low of $15.55 and a 1 year high of $24.55. The company has a current ratio of 0.94, a quick ratio of 0.88 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $4.71 billion, a PE ratio of -2,455,000.00 and a beta of 0.44.

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.