Short Interest in Cadeler A/S (OTCMKTS:CADLF) Declines By 81.0%

Cadeler A/S (OTCMKTS:CADLF) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 55,300 shares, a decline of 81.0% from the November 30th total of 290,600 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 553.0 days.

Cadeler A/S Stock Performance

Shares of OTCMKTS:CADLF remained flat at $5.98 during midday trading on Thursday. Cadeler A/S has a twelve month low of $5.98 and a twelve month high of $5.98. The business’s 50 day simple moving average is $6.87 and its 200 day simple moving average is $5.94.

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.