Free Trial

Transocean (RIG) Short Interest Ratio & Short Volume

$4.57
-0.10 (-2.14%)
(As of 09/18/2024 ET)

Transocean Short Interest Data

Transocean (RIG) has a short interest of 159.11 million shares. This marks a 0.21% increase in short interest from the previous month. The short interest ratio (days to cover) is 8.2, indicating that it would take 8.2 days of the average trading volume of 18.42 million shares to cover all short positions.

Current Short Interest
159,110,000 shares
Previous Short Interest
158,780,000 shares
Change Vs. Previous Month
+0.21%
Dollar Volume Sold Short
$754.18 million
Short Interest Ratio
8.2 Days to Cover
Last Record Date
August 31, 2024
Outstanding Shares
940,829,000 shares
Percentage of Shares Shorted
16.91%
Today's Trading Volume
30,117,288 shares
Average Trading Volume
18,416,777 shares
Today's Volume Vs. Average
164%
Skip Charts & View Short Interest History

RIG Short Interest Over Time

RIG Days to Cover Over Time

RIG Percentage of Float Shorted Over Time

Transocean Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
8/31/2024159,110,000 shares $754.18 million +0.2%N/A8.2 $4.74
8/15/2024158,780,000 shares $831.21 million -1.7%N/A8.7 $5.24
7/31/2024161,460,000 shares $935.66 million -2.0%N/A9 $5.80
7/15/2024164,730,000 shares $909.31 million +17.8%N/A9.3 $5.52
6/30/2024139,850,000 shares $748.20 million +0.3%N/A7.6 $5.35
6/15/2024139,500,000 shares $721.22 million +7.8%N/A8.1 $5.17
War on Elon Escalates… (Ad)

Elon Musk, the guy slated to become the world’s first trillionaire by 2027, has publicly called for the adoption of this technology for decades. By doing so he has put himself in the crosshairs of an ideological war with the global elites. And yet, while this new technology threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.

Click here to learn how you can benefit from its widespread distribution.
5/31/2024129,360,000 shares $803.33 million -2.5%N/A7.2 $6.21
5/15/2024132,730,000 shares $801.69 million +3.7%N/A7.5 $6.04
4/30/2024127,990,000 shares $667.47 million -1.2%N/A6.8 $5.22
4/15/2024129,530,000 shares $783.01 million -2.1%N/A7 $6.05
3/31/2024132,240,000 shares $830.47 million +2.0%N/A7.2 $6.28
3/15/2024129,650,000 shares $751.97 million +1.3%N/A7.6 $5.80
2/29/2024127,930,000 shares $599.99 million +0.3%N/A7.4 $4.69
2/15/2024127,540,000 shares $640.25 million -1.8%N/A7.6 $5.02
1/31/2024129,870,000 shares $709.09 million +2.9%N/A8.2 $5.46
1/15/2024126,220,000 shares $703.05 million +2.3%N/A8.2 $5.57
12/31/2023123,340,000 shares $783.21 million -2.7%N/A8.2 $6.35
12/15/2023126,750,000 shares $779.51 million +4.2%N/A8.2 $6.15
11/30/2023121,650,000 shares $774.91 million +1.5%N/A8 $6.37
11/15/2023119,910,000 shares $787.81 million +3.3%N/A8.1 $6.57
10/31/2023116,090,000 shares $769.10 million -5.7%N/A7.8 $6.63
10/15/2023123,050,000 shares $948.72 million -12.6%N/A8.6 $7.71
9/30/2023140,850,000 shares $1.16 billion +3.1%N/A9.7 $8.21
9/15/2023136,630,000 shares $1.14 billion -0.8%N/A9 $8.31
8/31/2023137,790,000 shares $1.13 billion -1.1%N/A9 $8.17
8/15/2023139,360,000 shares $1.14 billion -2.6%N/A9 $8.15
7/31/2023143,010,000 shares $1.26 billion +3.9%N/A9.4 $8.80
7/15/2023137,600,000 shares $1.07 billion +4.6%N/A8.7 $7.81
6/30/2023131,590,000 shares $921.79 million -6.8%N/A8.7 $7.01
6/15/2023141,150,000 shares $879.36 million -2.0%N/A9.1 $6.23
5/31/2023144,010,000 shares $824.46 million +0.6%N/A8.2 $5.73
5/15/2023143,180,000 shares $839.03 million +4.2%N/A7.4 $5.86
4/30/2023137,480,000 shares $811.13 million +1.6%N/A6.8 $5.90
4/15/2023135,350,000 shares $886.54 million -2.7%N/A6.2 $6.55
3/31/2023139,140,000 shares $884.93 million +1.4%N/A5.6 $6.36
3/15/2023137,260,000 shares $798.85 million +0.5%N/A5.7 $5.82
2/28/2023136,520,000 shares $954.27 million +4.0%N/A6 $6.99
2/15/2023131,280,000 shares $999.04 million +2.8%N/A5.8 $7.61
1/31/2023127,680,000 shares $860.56 million +1.8%N/A5.7 $6.74
1/15/2023125,460,000 shares $710.10 million +2.2%N/A5.5 $5.66
Kamala Harris and The Woke Progressive Nightmare (Ad)

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an “Election Meltdown” coming this November.

Click here now to see Jim’s shocking predictions for November.
12/30/2022122,820,000 shares $560.06 million -0.4%N/A5.6 $4.56
12/15/2022123,330,000 shares $522.92 million -0.8%N/A5.2 $4.24
11/30/2022124,300,000 shares $528.28 million +6.9%N/A4.8 $4.25
11/15/2022116,270,000 shares $517.40 million +5.9%N/A4.6 $4.45
10/31/2022109,810,000 shares $404.10 million -1.5%N/A4.6 $3.68
10/15/2022111,490,000 shares $324.44 million +8.5%N/A5 $2.91
9/30/2022102,730,000 shares $253.74 million +72.1%N/A4.6 $2.47
9/15/202259,680,000 shares $192.77 million +7.5%N/A3.1 $3.23
8/31/202255,510,000 shares $200.95 million -14.0%N/A3.1 $3.62
8/15/202264,540,000 shares $223.31 million -9.4%N/A3.4 $3.46
7/31/202271,220,000 shares $240.72 million +6.4%N/A3.6 $3.38
7/15/202266,920,000 shares $169.98 million +7.5%N/A3.4 $2.54
6/30/202262,250,000 shares $207.29 million +3.1%N/A3.4 $3.33
6/15/202260,410,000 shares $235.60 million +2.7%N/A3.2 $3.90
5/31/202258,850,000 shares $242.46 million +1.7%N/A2.9 $4.12
5/15/202257,890,000 shares $217.67 million -4.0%N/A2.4 $3.76
4/30/202260,330,000 shares $226.84 million +5.7%N/A2.5 $3.76
4/15/202257,100,000 shares $261.52 million -6.4%N/A2.3 $4.58
3/31/202261,000,000 shares $278.77 million -4.9%N/A2.5 $4.57
3/15/202264,150,000 shares $254.03 million +3.7%10.6%2.8 $3.96
2/28/202261,880,000 shares $219.06 million +1.2%10.2%3 $3.54
2/15/202261,130,000 shares $221.90 million +11.6%10.1%3.8 $3.63
1/31/202254,790,000 shares $172.59 million -4.5%9.0%3.5 $3.15
1/15/202257,390,000 shares $202.01 million -2.8%9.5%3.8 $3.52
12/31/202159,070,000 shares $163.03 million -6.0%9.7%3.8 $2.76
12/15/202162,870,000 shares $184.21 million +6.8%10.4%3.7 $2.93
11/30/202158,890,000 shares $177.85 million -2.4%9.7%3.3 $3.02
11/15/202160,340,000 shares $199.73 million -0.3%10.0%3.5 $3.31
10/29/202160,510,000 shares $213.60 million +12.5%10.0%3.7 $3.53
10/15/202153,810,000 shares $215.78 million -4.8%8.9%3.3 $4.01
9/30/202156,540,000 shares $214.29 million -1.3%9.4%3.2 $3.79
9/15/202157,260,000 shares $208.43 million -3.1%9.5%2.7 $3.64
8/31/202159,100,000 shares $210.40 million -2.5%9.8%2.6 $3.56
8/13/202160,620,000 shares $200.05 million +1.7%10.1%2.5 $3.30
7/30/202159,600,000 shares $215.16 million +10.6%10.0%2.3 $3.61
7/15/202153,880,000 shares $196.66 million -22.1%9.5%2.1 $3.65
6/30/202169,120,000 shares $312.42 million -16.5%12.2%2.9 $4.52
6/15/202182,770,000 shares $348.46 million +6.8%14.4%4.3 $4.21
5/28/202177,530,000 shares $293.06 million +3.5%13.4%4.3 $3.78
5/14/202174,920,000 shares $280.20 million -3.3%12.9%3.6 $3.74
4/30/202177,450,000 shares $261.78 million +2.5%13.3%3.6 $3.38
4/15/202175,590,000 shares $269.10 million +2.9%13.0%3 $3.56
3/31/202173,430,000 shares $251.86 million +2.4%12.6%2.6 $3.43
3/15/202171,730,000 shares $329.24 million +6.2%12.4%2.3 $4.59
2/26/202167,540,000 shares $238.42 million +3.3%11.6%2 $3.53
2/12/202165,370,000 shares $226.18 million -12.8%11.3%1.7 $3.46
1/29/202174,990,000 shares $240.72 million -25.3%12.9%1.9 $3.21
1/15/2021100,390,000 shares $350.36 million -8.6%17.3%2.5 $3.49
12/31/2020109,820,000 shares $250.39 million -6.5%18.9%3.1 $2.28
12/15/2020117,400,000 shares $286.46 million -4.9%20.3%3.5 $2.44
Kamala Harris and The Woke Progressive Nightmare (Ad)

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an “Election Meltdown” coming this November.

Click here now to see Jim’s shocking predictions for November.
11/30/2020123,450,000 shares $256.78 million -0.4%21.3%3.8 $2.08
11/15/2020123,930,000 shares $133.84 million +5.3%21.4%4.2 $1.08
10/30/2020117,750,000 shares $81.79 million +2.0%20.3%4.2 $0.69
10/15/2020115,470,000 shares $95.60 million +13.4%19.9%4.8 $0.83
9/30/2020101,810,000 shares $82.15 million -7.3%17.6%4.1 $0.81
9/15/2020109,880,000 shares $117.57 million +6.7%19.0%4.3 $1.07
8/31/2020102,940,000 shares $125.59 million +15.2%17.8%4 $1.22
8/14/202089,390,000 shares $194.87 million -5.1%15.4%3.1 $2.18
7/31/202094,150,000 shares $192.07 million +3.7%16.4%3.3 $2.04
7/15/202090,760,000 shares $176.07 million -1.4%15.8%2.7 $1.94
6/30/202092,090,000 shares $163.92 million +24.6%16.0%2.5 $1.78
6/15/202073,890,000 shares $163.30 million -6.1%12.8%2 $2.21
5/29/202078,690,000 shares $104.66 million -10.8%13.7%2.1 $1.33
5/15/202088,210,000 shares $123.49 million -2.9%15.3%2.5 $1.40
4/30/202090,850,000 shares $116.29 million -8.3%15.9%2.8 $1.28
4/15/202099,110,000 shares $130.83 million +0.1%17.3%3.4 $1.32
3/31/202099,050,000 shares $96.08 million +0.9%17.3%4.1 $0.97
3/13/202098,191,700 shares $141.40 million +28.3%17.2%4.9 $1.44
2/28/202076,540,000 shares $88.79 million +16.2%13.4%3.8 $1.16
2/14/202065,850,000 shares $119.85 million -14.7%11.5%3.9 $1.82
1/31/202077,200,000 shares $264.80 million +16.5%13.5%4.8 $3.43
1/15/202066,270,000 shares $296.89 million +6.4%11.6%4 $4.48
12/31/201962,310,000 shares $317.78 million +1.2%10.9%3.9 $5.10

RIG Short Interest - Frequently Asked Questions

What is Transocean's current short interest?

Short interest is the volume of Transocean shares that have been sold short but have not yet been closed out or covered. As of August 31st, investors have sold 159,110,000 shares of RIG short. Learn More on Transocean's current short interest.

What is a good short interest ratio for Transocean?

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. RIG shares currently have a short interest ratio of 8.0. Learn More on Transocean's short interest ratio.

Which institutional investors are shorting Transocean?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Transocean: Cubist Systematic Strategies LLC, Point72 Asset Management L.P., Susquehanna International Group LLP, Millennium Management LLC, Squarepoint Ops LLC, Whitebox Advisors LLC, Cubist Systematic Strategies LLC, Lombard Odier Asset Management USA Corp, Wolverine Asset Management LLC, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Transocean's short interest increasing or decreasing?

Transocean saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 159,110,000 shares, an increase of 0.2% from the previous total of 158,780,000 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.

How does Transocean's short interest compare to its competitors?

Here is how the short interest of companies in the industry of "petroleum and natural gas" compare to Transocean: Ovintiv Inc. (2.29%), Chesapeake Energy Co. (17.55%), Chord Energy Co. (4.61%), Antero Resources Co. (2.85%), Sunoco LP (0.88%), Hess Midstream LP (2.36%), Viper Energy, Inc. (2.19%), Valvoline Inc. (4.70%), Magnolia Oil & Gas Co. (14.67%), Vista Energy, S.A.B. de C.V. (3.00%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.11 billion), Canadian Natural Resources Limited ($4.04 billion), Suncor Energy Inc. ($3.19 billion), Aptiv PLC ($2.56 billion), Paychex, Inc. ($2.48 billion), Cencora, Inc. ($2.28 billion), Onsemi ($2.08 billion), Moderna, Inc. ($1.98 billion), Tractor Supply ($1.93 billion), and International Paper ($1.93 billion). View all of the most shorted stocks.

What does it mean to sell short Transocean stock?

Short selling RIG is an investing strategy that aims to generate trading profit from Transocean as its price is falling. RIG shares are trading down $0.10 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.

How does a short squeeze work against Transocean?

A short squeeze for Transocean 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 RIG, which in turn drives the price of the stock up even further.

How often is Transocean's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including RIG, twice per month. The most recent reporting period available is August, 31 2024.




This page (NYSE:RIG) was last updated on 9/18/2024 by MarketBeat.com Staff
From Our Partners