Cadeler A/S (OTCMKTS:CADLF) Sees Significant Decrease in Short Interest

Cadeler A/S (OTCMKTS:CADLF) saw a significant drop in short interest in June. As of June 15th, there was short interest totalling 116,000 shares, a drop of 70.2% from the May 31st total of 389,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Cadeler A/S Price Performance

CADLF remained flat at $4.19 during trading on Friday. The stock’s fifty day simple moving average is $4.23 and its 200-day simple moving average is $4.51. Cadeler A/S has a 52 week low of $4.19 and a 52 week high of $5.18.

Cadeler A/S Company Profile

Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. It also provides wind farm construction, maintenance, decommissioning, and other tasks within the offshore industry, as well as marine and engineering services. The company owns and operates four offshore jack-up windfarm installation vessels.