Short Interest in United Internet AG (OTCMKTS:UDIRF) Rises By 74.4%

United Internet AG (OTCMKTS:UDIRF) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 21,800 shares, a growth of 74.4% from the May 15th total of 12,500 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

United Internet Stock Performance

Shares of United Internet stock opened at $27.15 on Monday. United Internet has a 52-week low of $15.55 and a 52-week high of $27.15. The stock’s 50-day simple moving average is $23.26 and its 200 day simple moving average is $18.90. The stock has a market capitalization of $5.21 billion, a P/E ratio of -2,715,000.00 and a beta of 0.49. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.88 and a current ratio of 0.94.

Wall Street Analyst Weigh In

Separately, BNP Paribas cut United Internet from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 10th.

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.