Cadeler A/S (OTCMKTS:CADLF) Short Interest Up 68.1% in March

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

Cadeler A/S Price Performance

Shares of OTCMKTS CADLF remained flat at $4.60 during trading hours on Friday. Cadeler A/S has a twelve month low of $4.60 and a twelve month high of $5.98. The business’s 50 day simple moving average is $5.12 and its 200-day simple moving average is $6.20.

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.