Costamare Bulkers (CMDB) Banks Cash While Betting On A Bulk Rebound
Costamare Bulkers (CMDB) reported Q2 2026 adjusted net income of $9.8M ($0.40/share) and net income of $5.2M ($0.21/share). Cash exceeds debt by $108.9M. The company has $331.5M in liquidity and plans to grow countercyclically. Fleet utilization was 99.1% in Q2. CMDB sold older ships and acquired newer ones, with more sales planned. CEO Zikos noted market volatility but called rates robust. Hedge fund interest increased to 16 funds, with short interest at 2.94%.

