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

Carnival Co. & plc (NYSE:CUK) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 4,310,000 shares, a growth of 27.1% from the January 31st total of 3,390,000 shares. Approximately 3.0% of the shares of the stock are short sold. Based on an average daily volume of 1,520,000 shares, the short-interest ratio is currently 2.8 days.

Carnival Co. & Stock Performance

Shares of CUK opened at $19.02 on Friday. The stock’s 50-day simple moving average is $22.80 and its 200 day simple moving average is $20.50. The stock has a market capitalization of $3.57 billion, a price-to-earnings ratio of 13.68 and a beta of 2.69. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. Carnival Co. & has a 52-week low of $12.50 and a 52-week high of $26.14.

Carnival Co. & (NYSE:CUK) last announced its earnings results 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 forecast that Carnival Co. & will post 1.7 EPS for the current fiscal year.

Hedge Funds Weigh In On Carnival Co. &

A number of institutional investors have recently added to or reduced their stakes in the business. Aristeia Capital L.L.C. increased its stake in Carnival Co. & by 13.5% in the 4th quarter. Aristeia Capital L.L.C. now owns 12,130,485 shares of the company’s stock worth $273,057,000 after acquiring an additional 1,445,944 shares during the last quarter. Norges Bank bought a new position in Carnival Co. & in the 4th quarter worth about $132,714,000. Arrowstreet Capital Limited Partnership increased its stake in Carnival Co. & by 4.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,061,521 shares of the company’s stock worth $68,915,000 after acquiring an additional 136,764 shares during the last quarter. Renaissance Technologies LLC increased its stake in Carnival Co. & by 2.2% in the 4th quarter. Renaissance Technologies LLC now owns 2,673,700 shares of the company’s stock worth $60,185,000 after acquiring an additional 58,600 shares during the last quarter. Finally, Two Sigma Advisers LP increased its position in shares of Carnival Co. & by 52.4% during the 3rd quarter. Two Sigma Advisers LP now owns 774,200 shares of the company’s stock valued at $12,906,000 after purchasing an additional 266,200 shares during the last quarter. 23.80% of the stock is currently owned by 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.