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

Cadeler A/S (OTCMKTS:CADLF) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 70,900 shares, a drop of 54.9% from the December 31st total of 157,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Cadeler A/S Price Performance

Shares of OTCMKTS CADLF remained flat at $5.98 during mid-day trading on Thursday. The stock has a 50-day moving average price of $6.31 and a 200 day moving average price of $6.26. Cadeler A/S has a one year low of $5.98 and a one year 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.