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

Cadeler A/S (OTCMKTS:CADLF) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 187,900 shares, a growth of 29.2% from the October 31st total of 145,400 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Cadeler A/S Price Performance

Shares of OTCMKTS CADLF remained flat at $7.09 during midday trading on Friday. The firm’s 50-day moving average is $7.09 and its two-hundred day moving average is $5.64. Cadeler A/S has a one year low of $6.69 and a one year high of $7.09.

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.