Blue Ocean Acquisition (BOCN) Short Interest Ratio & Short Volume

Short interest is the volume of Blue Ocean Acquisition shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 2,500 shares of BOCN short. 0.12% of Blue Ocean Acquisition's shares are currently sold short. Learn More on Blue Ocean Acquisition's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.12% of Blue Ocean Acquisition's floating shares are currently sold short.

Blue Ocean Acquisition saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 2,500 shares, an increase of 56.3% from the previous total of 1,600 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Blue Ocean Acquisition currently has issued a total of 6,590,000 shares. Some of Blue Ocean Acquisition's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Blue Ocean Acquisition currently has a public float of 2,120,000 shares.

0.12% of Blue Ocean Acquisition's shares are currently sold short. Here is how the short interest of companies in the industry of "trading" compare to Blue Ocean Acquisition: NexPoint Real Estate Finance, Inc. (0.67%), Cartesian Growth Co. II (0.01%), Silvercrest Asset Management Group Inc. (0.43%), Alpine Income Property Trust, Inc. (0.44%), Industrial Logistics Properties Trust (2.31%), Orion Office REIT Inc. (0.88%), Keen Vision Acquisition Co. (0.01%), Investcorp Europe Acquisition Corp I (0.02%), Digital Turbine, Inc. (6.07%), City Office REIT, Inc. (0.70%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($4.85 billion), Charter Communications, Inc. ($4.81 billion), International Paper ($2.96 billion), Cencora, Inc. ($2.40 billion), Paychex, Inc. ($2.38 billion), Lululemon Athletica Inc. ($2.05 billion), SoFi Technologies, Inc. ($2.03 billion), Live Nation Entertainment, Inc. ($1.93 billion), Onsemi ($1.82 billion), and Tractor Supply ($1.65 billion). View all of the most shorted stocks.

Short selling BOCN is an investing strategy that aims to generate trading profit from Blue Ocean Acquisition as its price is falling. BOCN shares are trading up $0.20 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Blue Ocean Acquisition occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of BOCN, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including BOCN, twice per month. The most recent reporting period available is November, 15 2024.