Carnival Co. & plc (NYSE:CUK) Short Interest Up 19.7% in February

Carnival Co. & plc (NYSE:CUK) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 5,160,000 shares, a growth of 19.7% from the February 13th total of 4,310,000 shares. Based on an average trading volume of 1,720,000 shares, the days-to-cover ratio is currently 3.0 days. Approximately 3.6% of the company’s stock are short sold.

Institutional Trading of Carnival Co. &

Several institutional investors and hedge funds have recently made changes to their positions in the company. Norges Bank bought a new position in Carnival Co. & in the fourth quarter worth about $132,714,000. Aristeia Capital L.L.C. raised its holdings in Carnival Co. & by 13.5% in the fourth quarter. Aristeia Capital L.L.C. now owns 12,130,485 shares of the company’s stock worth $273,057,000 after purchasing an additional 1,445,944 shares in the last quarter. Voloridge Investment Management LLC bought a new position in Carnival Co. & in the fourth quarter worth about $16,380,000. ABC Arbitrage SA bought a new position in Carnival Co. & in the fourth quarter worth about $15,184,000. Finally, Credit Industriel ET Commercial bought a new position in Carnival Co. & in the fourth quarter worth about $10,243,000. 23.80% of the stock is currently owned by institutional investors.

Carnival Co. & Stock Up 5.0 %

Shares of CUK stock traded up $0.91 on Wednesday, hitting $18.99. The stock had a trading volume of 1,710,103 shares, compared to its average volume of 1,866,075. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 2.80. The business has a 50 day moving average price of $22.11 and a 200 day moving average price of $20.69. The company has a market cap of $3.56 billion, a PE ratio of 13.66 and a beta of 2.72. Carnival Co. & has a one year low of $12.50 and a one year high of $26.14.

Carnival Co. & (NYSE:CUK) last released its quarterly earnings data on Friday, December 20th. The company reported $0.14 earnings per share for the quarter. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. Research analysts anticipate that Carnival Co. & will post 1.7 earnings per share for the current fiscal year.

Carnival Co. & Company Profile

Carnival Plc operates as a global cruise and vacation company. The firm offers holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. It operates through the North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other segments.