Carnival Co. & plc (NYSE:CUK) Short Interest Update

Carnival Co. & plc (NYSE:CUK) was the recipient of a significant drop in short interest in October. As of October 31st, there was short interest totalling 3,250,000 shares, a drop of 15.4% from the October 15th total of 3,840,000 shares. Based on an average daily trading volume, of 1,860,000 shares, the short-interest ratio is presently 1.7 days. Currently, 2.2% of the company’s stock are sold short.

Insider Buying and Selling at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the firm’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total value of $380,100.00. Following the transaction, the director now directly owns 65,789 shares of the company’s stock, valued at approximately $1,428,937.08. This trade represents a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.08% of the company’s stock.

Institutional Trading of Carnival Co. &

Several hedge funds have recently added to or reduced their stakes in CUK. BNP Paribas Financial Markets bought a new stake in Carnival Co. & in the first quarter worth about $76,000. Acadian Asset Management LLC purchased a new position in shares of Carnival Co. & in the first quarter worth about $9,001,000. EntryPoint Capital LLC increased its stake in shares of Carnival Co. & by 595.8% in the first quarter. EntryPoint Capital LLC now owns 2,011 shares of the company’s stock worth $30,000 after purchasing an additional 1,722 shares in the last quarter. QRG Capital Management Inc. increased its stake in shares of Carnival Co. & by 18.6% in the second quarter. QRG Capital Management Inc. now owns 95,730 shares of the company’s stock worth $1,648,000 after purchasing an additional 14,987 shares in the last quarter. Finally, Palliser Capital UK Ltd increased its stake in shares of Carnival Co. & by 29.4% in the second quarter. Palliser Capital UK Ltd now owns 310,219 shares of the company’s stock worth $5,342,000 after purchasing an additional 70,555 shares in the last quarter. Institutional investors own 23.80% of the company’s stock.

Carnival Co. & Stock Up 0.7 %

Shares of CUK traded up $0.15 during trading hours on Monday, reaching $22.26. 1,492,142 shares of the stock traded hands, compared to its average volume of 1,977,301. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 3.10. The stock has a fifty day simple moving average of $18.33 and a 200 day simple moving average of $16.01. Carnival Co. & has a 52 week low of $12.49 and a 52 week high of $22.57. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 19.73 and a beta of 2.71.

Carnival Co. & (NYSE:CUK) last released its quarterly earnings results on Monday, September 30th. The company reported $1.27 earnings per share for the quarter. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The company had revenue of $7.90 billion for the quarter.

Carnival Co. & Company Profile

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.