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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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Ocean Bio-Chem Short Interest Ratio and Short Volume

-0.26 (-2.43 %)
(As of 02/26/2021 12:00 AM ET)
Today's Range
Now: $10.45
50-Day Range
MA: $12.13
52-Week Range
Now: $10.45
Volume15,291 shs
Average Volume50,942 shs
Market Capitalization$98.88 million
P/E Ratio10.56
Dividend Yield0.75%

Short Interest

Ocean Bio-Chem (NASDAQ:OBCI) Short Interest Data

Current Short Volume122,200 shares
Previous Short Volume161,500 shares
Change Vs. Previous Month:-24.33%
Dollar Volume Sold Short$1.28 million
Short Interest Ratio / Days to Cover3.0
Last Record DateFebruary, 12 2021
Outstanding Shares9,462,000 shares
Float Size3,620,000 shares
Short Percent of Float3.38%
Today's Trading Volume15,291 shares
Average Trading Volume50,942 shares
Today's Volume Vs. Average-69.98%

Short Interest Over Time

Ocean Bio-Chem (NASDAQ:OBCI) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/12/2021122,200 shares $1.28 million -24.3%3.4%2.8 $10.45
1/29/2021161,500 shares $2.08 million -9.3%4.5%4.4 $12.88
1/15/2021178,100 shares $2.25 million No Change4.9%5.4 $12.64
1/15/2020100 shares $362.00 -80.0%N/A0 $3.62
12/31/2019500 shares $1,780.00 -58.3%0.0%0.1 $3.56
8/15/20195,100 shares $16,728.00 -19.1%0.1%0.5 $3.28

Ocean Bio-Chem (NASDAQ:OBCI) Short Interest FAQ

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What is Ocean Bio-Chem's current short interest?

Short interest is the volume of Ocean Bio-Chem shares that have been sold short but have not yet been covered or closed out. As of February 12th, investors have sold 122,200 shares of OBCI short. 3.38% of Ocean Bio-Chem's shares are currently sold short. View details.

What is a good short interest ratio for Ocean Bio-Chem?

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. Ocean Bio-Chem currently has a short interest ratio of 3.0.

What is a good short interest percentage for Ocean Bio-Chem?

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. 3.38% of Ocean Bio-Chem's floating shares are currently sold short.

Is Ocean Bio-Chem's short interest increasing or decreasing?

Ocean Bio-Chem saw a decline in short interest in the month of February. As of February 12th, there was short interest totaling 122,200 shares, a decline of 24.3% from the previous total of 161,500 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.

What is Ocean Bio-Chem's float size?

Ocean Bio-Chem currently has issued a total of 9,462,000 shares. Some of Ocean Bio-Chem'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. Ocean Bio-Chem currently has a public float of 3,620,000 shares.

How does Ocean Bio-Chem's short interest compare to its competitors?

3.38% of Ocean Bio-Chem's shares are currently sold short. Here is how the short interest of companies in the sector of "consumer staples" compare to Ocean Bio-Chem: Cadiz Inc. (0.00%), HF Foods Group Inc. (0.00%), Calyxt, Inc. (3.02%), Cuisine Solutions, Inc. (0.00%), Landec Co. (2.91%), NewAge, Inc. (0.00%), Future FinTech Group Inc. (2.18%), Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (1.17%), BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (0.00%), and Limoneira (3.54%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Ocean Bio-Chem stock?

Short selling OBCI is an investing strategy that aims to generate trading profit from Ocean Bio-Chem as its price is falling. Ocean Bio-Chem's stock is trading down $0.26 today. To short Ocean Bio-Chem 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 Ocean Bio-Chem 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 Ocean Bio-Chem?

A short squeeze for Ocean Bio-Chem 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 OBCI, which in turn drives the price of the stock up even further.

How often is Ocean Bio-Chem'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 OBCI, twice per month. The most recent reporting period available is February, 12 2021.

This page was last updated on 2/28/2021 by MarketBeat.com Staff

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