freenet AG (OTCMKTS:FRTAF) Sees Large Increase in Short Interest

freenet AG (OTCMKTS:FRTAF) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 37,200 shares, an increase of 6.3% from the October 31st total of 35,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

freenet Stock Performance

FRTAF stock remained flat at $26.87 during midday trading on Tuesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.62 and a current ratio of 0.67. The firm’s fifty day moving average is $26.87 and its two-hundred day moving average is $27.00. freenet has a fifty-two week low of $26.87 and a fifty-two week high of $26.87.

freenet (OTCMKTS:FRTAF) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.66 earnings per share for the quarter. The business had revenue of $679.75 million for the quarter. freenet had a return on equity of 18.78% and a net margin of 9.07%.

freenet Company Profile

freenet AG provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors 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 network operators; planning, set up, installation, and maintenance services for WiFi networks; and selling and distribution of mobile devices, as well as offers additional services for mobile data communications and digital lifestyle.