Cadeler A/S (NYSE:CDLR) Sees Large Increase in Short Interest

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

Cadeler A/S Price Performance

Shares of CDLR stock opened at $21.22 on Wednesday. Cadeler A/S has a 1 year low of $16.29 and a 1 year high of $28.75. The company has a current ratio of 1.82, a quick ratio of 1.81 and a debt-to-equity ratio of 0.49. The firm’s 50 day moving average is $22.32 and its 200-day moving average is $24.81.

Cadeler A/S (NYSE:CDLR) last released its earnings results on Tuesday, November 26th. The company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. As a group, research analysts expect that Cadeler A/S will post 0.69 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CDLR. GAMMA Investing LLC acquired a new position in Cadeler A/S during the fourth quarter valued at approximately $52,000. BNP Paribas Financial Markets bought a new position in shares of Cadeler A/S during the third quarter worth $248,000. JPMorgan Chase & Co. grew its holdings in shares of Cadeler A/S by 19.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 71,171 shares of the company’s stock valued at $2,006,000 after buying an additional 11,483 shares during the period. Yaupon Capital Management LP increased its position in shares of 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 in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in Cadeler A/S during the 4th quarter worth $2,603,000. 53.03% of the stock is currently owned by 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.