Cadeler A/S (OTCMKTS:CADLF) Sees Large Decline in Short Interest

Cadeler A/S (OTCMKTS:CADLF) saw a significant drop in short interest during the month of 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 daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Cadeler A/S Stock Performance

Shares of OTCMKTS:CADLF remained flat at $4.19 during trading on Friday. The business has a 50-day moving average of $4.22 and a 200-day moving average of $4.51. Cadeler A/S has a 12 month low of $4.19 and a 12 month 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.