Cadeler A/S (NYSE:CDLR) Short Interest Update

Cadeler A/S (NYSE:CDLR) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 601,700 shares, a growth of 5.1% from the December 31st total of 572,500 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 43,400 shares, the days-to-cover ratio is presently 13.9 days.

Institutional Trading of Cadeler A/S

Several large investors have recently made changes to their positions in CDLR. SG Americas Securities LLC purchased a new stake in Cadeler A/S in the 4th quarter valued at $2,603,000. GAMMA Investing LLC purchased a new stake in Cadeler A/S in the 4th quarter valued at $52,000. JPMorgan Chase & Co. grew its holdings in Cadeler A/S by 19.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 71,171 shares of the company’s stock valued at $2,006,000 after buying an additional 11,483 shares in the last quarter. Franklin Resources Inc. grew its holdings in Cadeler A/S by 1.9% in the 3rd quarter. Franklin Resources Inc. now owns 219,296 shares of the company’s stock valued at $6,199,000 after buying an additional 4,000 shares in the last quarter. Finally, TT International Asset Management LTD grew its holdings in shares of Cadeler A/S by 71.6% during the 3rd quarter. TT International Asset Management LTD now owns 246,173 shares of the company’s stock worth $6,937,000 after purchasing an additional 102,712 shares during the period. 53.03% of the stock is currently owned by hedge funds and other institutional investors.

Cadeler A/S Price Performance

NYSE:CDLR opened at $20.86 on Monday. The stock has a 50 day moving average of $22.38 and a two-hundred day moving average of $24.83. Cadeler A/S has a 12 month low of $16.29 and a 12 month high of $28.75. The company has a current ratio of 1.82, a quick ratio of 1.81 and a debt-to-equity ratio of 0.49.

Cadeler A/S (NYSE:CDLR) last issued its quarterly earnings results on Tuesday, November 26th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.34 by $0.01. Analysts expect that Cadeler A/S will post 0.69 EPS for the current fiscal year.

About Cadeler A/S

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.