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

freenet AG (OTCMKTS:FRTAF) saw a large growth in short interest in the month of 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 currently ∞ days.

freenet Price Performance

OTCMKTS:FRTAF remained flat at $27.14 during trading hours on Wednesday. freenet has a fifty-two week low of $27.14 and a fifty-two week high of $27.14. The business’s fifty day moving average price is $26.98 and its two-hundred day moving average price is $26.22. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17.

freenet (OTCMKTS:FRTAF) last issued its earnings results on Tuesday, March 26th. The company reported $0.44 earnings per share (EPS) for the quarter. The company had revenue of $741.37 million during 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.