Ocean Biomedical (OCEAW) Short Interest Ratio & Short Volume

Short interest is the volume of Ocean Biomedical shares that have been sold short but have not yet been closed out or covered. As of December 15th, traders have sold 39,900 shares of OCEAW short. Learn More on Ocean Biomedical's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. OCEAW shares currently have a short interest ratio of 1.0. Learn More on Ocean Biomedical's short interest ratio.

Ocean Biomedical saw a drop in short interest in the month of December. As of December 15th, there was short interest totaling 39,900 shares, a drop of 19.9% from the previous total of 49,800 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.

Here is how the short interest of companies in the industry of "pharmaceutical products" compare to Ocean Biomedical: Alvotech (0.12%), Pharvaris (0.89%), SNDL Inc. (1.78%).

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.32 billion), Spotify Technology S.A. ($4.06 billion), Canadian Natural Resources Limited ($3.45 billion), Reddit, Inc. ($2.79 billion), International Paper ($2.70 billion), Cencora, Inc. ($2.27 billion), SoFi Technologies, Inc. ($2.21 billion), Lululemon Athletica Inc. ($2.13 billion), and Rivian Automotive, Inc. ($2.05 billion). View all of the most shorted stocks.

Short selling OCEAW is an investing strategy that aims to generate trading profit from Ocean Biomedical as its price is falling. OCEAW shares are trading up $0.00 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 Ocean Biomedical 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 OCEAW, 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 OCEAW, twice per month. The most recent reporting period available is December, 15 2024.