Short Interest in Cadeler A/S (OTCMKTS:CADLF) Declines By 62.8%

Cadeler A/S (OTCMKTS:CADLF) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 80,000 shares, a drop of 62.8% from the September 30th total of 214,900 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Cadeler A/S Stock Performance

OTCMKTS CADLF remained flat at $7.09 during mid-day trading on Friday. The business has a 50 day simple moving average of $6.93 and a two-hundred day simple moving average of $5.19. Cadeler A/S has a fifty-two week low of $6.69 and a fifty-two week high of $7.09.

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.