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

Carnival Co. & plc (NYSE:CUK) was the target 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. Approximately 3.6% of the company’s stock are sold short. Based on an average daily volume of 1,720,000 shares, the short-interest ratio is currently 3.0 days.

Hedge Funds Weigh In On Carnival Co. &

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Blue Trust Inc. raised its holdings in Carnival Co. & by 18.7% during the fourth 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 period. GAMMA Investing LLC boosted its position in shares of Carnival Co. & by 28.7% during the fourth quarter. GAMMA Investing LLC now owns 2,926 shares of the company’s stock valued at $66,000 after buying an additional 652 shares during the period. Legal & General Group Plc grew its holdings in shares of Carnival Co. & by 106.2% in the fourth quarter. Legal & General Group Plc now owns 6,917 shares of the company’s stock worth $156,000 after purchasing an additional 3,562 shares during the last quarter. Aristides Capital LLC increased its holdings in Carnival Co. & by 12.1% during the 4th quarter. Aristides Capital LLC now owns 52,913 shares of the company’s stock worth $1,191,000 after purchasing an additional 5,710 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its position 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 purchasing an additional 6,441 shares during the period. Hedge funds and other institutional investors own 23.80% of the company’s stock.

Carnival Co. & Stock Down 3.6 %

Shares of CUK stock traded down $0.69 during trading hours on Tuesday, hitting $18.10. 1,567,091 shares of the company’s stock traded hands, compared to its average volume of 1,865,177. Carnival Co. & has a 12-month low of $12.50 and a 12-month high of $26.14. 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 stock has a market cap of $3.40 billion, a price-to-earnings ratio of 13.02 and a beta of 2.72. The stock’s fifty day simple moving average is $22.18 and its two-hundred day simple moving average is $20.67.

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

About Carnival Co. &

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.