Cadeler A/S (OTCMKTS:CADLF) Short Interest Down 70.2% in June

Cadeler A/S (OTCMKTS:CADLF) saw a large drop in short interest in 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 days-to-cover ratio is presently ∞ days.

Cadeler A/S Stock Performance

Shares of OTCMKTS:CADLF remained flat at $4.19 during trading on Thursday. The company’s 50-day moving average price is $4.24 and its 200-day moving average price is $4.52. 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.