Short Interest in Cadeler A/S (OTCMKTS:CADLF) Rises By 68.1%

Cadeler A/S (OTCMKTS:CADLF) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 247,000 shares, a growth of 68.1% from the February 28th total of 146,900 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Cadeler A/S Stock Performance

Shares of OTCMKTS CADLF opened at $4.60 on Friday. The firm has a 50-day simple moving average of $5.12 and a 200-day simple moving average of $6.19. Cadeler A/S has a 52 week low of $4.60 and a 52 week 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.