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 covered or closed out. As of May 31st, investors have sold 100 shares of BOCN short. Learn More on Blue Ocean Acquisition's current short interest.

Blue Ocean Acquisition saw a decline in short interest during the month of May. As of May 31st, there was short interest totaling 100 shares, a decline of 93.3% from the previous total of 1,500 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 10,900,000 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 5,270,000 shares.

Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Blue Ocean Acquisition: Nabors Energy Transition Corp. II (0.01%), enGene Holdings Inc. (0.21%), Screaming Eagle Acquisition Corp. (0.18%), Rigel Resource Acquisition Corp. (0.00%), Codere Online Luxembourg, S.A. (2.08%), Inflection Point Acquisition Corp. II (0.02%), TortoiseEcofin Acquisition Corp. III (0.02%), Patria Latin American Opportunity Acquisition Corp. (0.00%), Spring Valley Acquisition Corp. II (0.01%), Cartesian Growth Co. II (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.43 billion), Charter Communications, Inc. ($3.54 billion), Occidental Petroleum Co. ($3.11 billion), Moderna, Inc. ($2.88 billion), General Motors ($2.62 billion), Royal Caribbean Cruises Ltd. ($2.34 billion), Coinbase Global, Inc. ($2.25 billion), Tractor Supply ($2.12 billion), Dell Technologies Inc. ($1.89 billion), and Enphase Energy, Inc. ($1.72 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 down $0.11 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 appreciates 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 May, 31 2024.