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

Cadeler A/S (NYSE:CDLR) was the target of a large growth in short interest in 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. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 43,400 shares, the short-interest ratio is presently 13.9 days.

Cadeler A/S Price Performance

Cadeler A/S stock opened at $20.59 on Wednesday. Cadeler A/S has a 52 week low of $16.29 and a 52 week 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 simple moving average is $23.00 and its 200 day simple moving average is $25.15.

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new position in shares of Cadeler A/S during the 4th quarter valued at about $2,603,000. GAMMA Investing LLC acquired a new position in shares of Cadeler A/S during the 4th quarter valued at about $52,000. JPMorgan Chase & Co. increased its stake in shares of Cadeler A/S by 19.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 71,171 shares of the company’s stock valued at $2,006,000 after acquiring an additional 11,483 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Cadeler A/S by 1.9% during the 3rd quarter. Franklin Resources Inc. now owns 219,296 shares of the company’s stock valued at $6,199,000 after acquiring an additional 4,000 shares during the last quarter. Finally, TT International Asset Management LTD increased its stake in shares of Cadeler A/S by 71.6% during the 3rd quarter. TT International Asset Management LTD now owns 246,173 shares of the company’s stock valued at $6,937,000 after acquiring an additional 102,712 shares during the last quarter. Institutional investors and hedge funds own 53.03% of the company’s stock.

About Cadeler A/S

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.