Carnival Co. & plc (NYSE:CUK) Short Interest Update

Carnival Co. & plc (NYSE:CUK) was the target of a large growth in short interest during the month of 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 daily volume of 1,720,000 shares, the short-interest ratio is currently 3.0 days. Currently, 3.6% of the shares of the stock are short sold.

Carnival Co. & Price Performance

Shares of NYSE:CUK traded up $0.04 during mid-day trading on Thursday, reaching $19.03. The stock had a trading volume of 2,301,221 shares, compared to its average volume of 1,867,927. The business’s 50 day moving average price is $22.06 and its 200 day moving average price is $20.72. Carnival Co. & has a 1 year low of $12.50 and a 1 year high of $26.14. The company has a market cap of $3.57 billion, a P/E ratio of 13.68 and a beta of 2.72. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CUK. Blue Trust Inc. grew its position in Carnival Co. & by 18.7% in the 4th quarter. Blue Trust Inc. now owns 3,703 shares of the company’s stock valued at $83,000 after acquiring an additional 583 shares during the last quarter. GAMMA Investing LLC increased its stake in Carnival Co. & by 28.7% in the 4th quarter. GAMMA Investing LLC now owns 2,926 shares of the company’s stock worth $66,000 after buying an additional 652 shares during the period. Legal & General Group Plc lifted its holdings in Carnival Co. & by 106.2% during the 4th quarter. Legal & General Group Plc now owns 6,917 shares of the company’s stock valued at $156,000 after buying an additional 3,562 shares in the last quarter. Aristides Capital LLC boosted its position in Carnival Co. & by 12.1% in the 4th quarter. Aristides Capital LLC now owns 52,913 shares of the company’s stock valued at $1,191,000 after buying an additional 5,710 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in shares of Carnival Co. & by 12.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 58,330 shares of the company’s stock worth $1,313,000 after buying an additional 6,441 shares during the period. 23.80% of the stock is owned by hedge funds and other institutional investors.

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.