Cadeler A/S (NYSE:CDLR) Short Interest Update

Cadeler A/S (NYSE:CDLR) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 601,700 shares, a growth of 5.1% from the December 15th total of 572,500 shares. Based on an average trading volume of 43,400 shares, the days-to-cover ratio is currently 13.9 days. Currently, 0.7% of the shares of the company are short sold.

Cadeler A/S Stock Down 0.9 %

Shares of Cadeler A/S stock opened at $20.59 on Wednesday. The firm’s fifty day simple moving average is $23.00 and its 200-day simple moving average is $25.15. Cadeler A/S has a 12 month low of $16.29 and a 12 month high of $28.75. The company has a quick ratio of 1.81, a current ratio of 1.82 and a debt-to-equity ratio of 0.49.

Cadeler A/S (NYSE:CDLR) last announced its earnings results on Tuesday, November 26th. The company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. As a group, analysts anticipate that Cadeler A/S will post 0.64 earnings per share for the current year.

Hedge Funds Weigh In On Cadeler A/S

A number of hedge funds and other institutional investors have recently bought and sold shares of CDLR. SG Americas Securities LLC purchased a new position in Cadeler A/S in the 4th quarter valued at $2,603,000. TT International Asset Management LTD grew its position in Cadeler A/S by 71.6% in the 3rd quarter. TT International Asset Management LTD now owns 246,173 shares of the company’s stock valued at $6,937,000 after buying an additional 102,712 shares during the last quarter. Price Jennifer C. purchased a new position in Cadeler A/S in the 2nd quarter valued at $1,955,000. Yaupon Capital Management LP grew its position in Cadeler A/S by 61.0% in the 3rd quarter. Yaupon Capital Management LP now owns 114,641 shares of the company’s stock valued at $3,231,000 after buying an additional 43,435 shares during the last quarter. Finally, Encompass Capital Advisors LLC grew its position in Cadeler A/S by 1.2% in the 2nd quarter. Encompass Capital Advisors LLC now owns 1,015,310 shares of the company’s stock valued at $25,413,000 after buying an additional 11,638 shares during the last quarter. 53.03% of the stock is currently owned by hedge funds and other institutional investors.

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.