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

Cadeler A/S (OTCMKTS:CADLF) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 379,700 shares, an increase of 227.3% from the June 15th total of 116,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Cadeler A/S Price Performance

CADLF stock remained flat at $4.19 during midday trading on Thursday. The company has a 50 day simple moving average of $4.19 and a 200-day simple moving average of $4.50. Cadeler A/S has a twelve month low of $4.19 and a twelve month high of $5.18.

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.