Ocean Biomedical (OCEA) Short Interest Ratio & Short Volume

Short interest is the volume of Ocean Biomedical shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 643,900 shares of OCEA short. 7.39% of Ocean Biomedical's shares are currently sold short. Learn More on Ocean Biomedical's current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Ocean Biomedical: Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 7.39% of Ocean Biomedical's floating shares are currently sold short.

Ocean Biomedical saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 643,900 shares, a decline of 31.2% from the previous total of 936,000 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.

Ocean Biomedical currently has issued a total of 34,650,000 shares. Some of Ocean Biomedical'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 Biomedical currently has a public float of 8,710,000 shares.

7.39% of Ocean Biomedical's shares are currently sold short. Here is how the short interest of companies compare to Ocean Biomedical: Checkpoint Therapeutics, Inc. (12.35%), BioLineRx Ltd. (0.98%), CalciMedica, Inc. (0.71%), Eledon Pharmaceuticals, Inc. (0.13%), Homology Medicines, Inc. (0.81%), Immuneering Co. (13.23%), Gain Therapeutics, Inc. (1.10%), Reneo Pharmaceuticals, Inc. (13.21%), Jaguar Health, Inc. (5.20%), Kronos Bio, Inc. (1.65%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling OCEA is an investing strategy that aims to generate trading profit from Ocean Biomedical as its price is falling. OCEA shares are trading down $0.17 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 appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of OCEA, 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 OCEA, twice per month. The most recent reporting period available is April, 15 2024.