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

Carnival Co. & plc (NYSE:CUKGet Free Report) saw a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 3,340,000 shares, a decline of 8.2% from the November 15th total of 3,640,000 shares. Based on an average trading volume of 1,790,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 2.3% of the shares of the company are sold short.

Carnival Co. & Price Performance

CUK stock opened at $23.39 on Wednesday. The company has a market capitalization of $4.39 billion, a P/E ratio of 20.88 and a beta of 2.72. The business has a 50-day simple moving average of $21.49 and a two-hundred day simple moving average of $17.49. Carnival Co. & has a 52-week low of $12.50 and a 52-week high of $24.66. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.26 and a current ratio of 0.30.

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

Insider Activity

In other news, Director Sir Jonathon Band sold 17,500 shares of the company’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 sale, the director now directly owns 65,789 shares of the company’s stock, valued at approximately $1,428,937.08. This represents a 21.01 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.08% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Carnival Co. &

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC raised its stake in Carnival Co. & by 13.5% during the 2nd quarter. Renaissance Technologies LLC now owns 2,360,800 shares of the company’s stock valued at $40,653,000 after buying an additional 281,300 shares during the last quarter. Millennium Management LLC raised its stake in Carnival Co. & by 20.0% during the second quarter. Millennium Management LLC now owns 1,061,079 shares of the company’s stock valued at $18,272,000 after purchasing an additional 177,207 shares in the last quarter. Two Sigma Advisers LP increased its position in shares of Carnival Co. & by 52.4% during the 3rd quarter. Two Sigma Advisers LP now owns 774,200 shares of the company’s stock valued at $12,906,000 after purchasing an additional 266,200 shares during the last quarter. Landscape Capital Management L.L.C. lifted its holdings in shares of Carnival Co. & by 8.2% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 238,440 shares of the company’s stock worth $3,975,000 after acquiring an additional 18,129 shares during the last quarter. Finally, Cubist Systematic Strategies LLC lifted its stake in shares of Carnival Co. & by 65.6% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 147,010 shares of the company’s stock worth $2,532,000 after acquiring an additional 58,261 shares during the last quarter. 23.80% of the stock is currently owned by institutional investors.

About Carnival Co. &

(Get Free Report)

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.

Read More

Receive News & Ratings for Carnival Co. & Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carnival Co. & and related companies with MarketBeat.com's FREE daily email newsletter.