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

Cadeler A/S (OTCMKTS:CADLF) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 158,700 shares, an increase of 59.2% from the January 31st total of 99,700 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 793.5 days.

Cadeler A/S Stock Performance

Shares of CADLF remained flat at $4.60 during mid-day trading on Tuesday. The stock’s 50-day moving average price is $5.65 and its two-hundred day moving average price is $6.44. Cadeler A/S has a 1-year low of $4.60 and a 1-year high of $5.98.

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.