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Transocean (RIG) Short Interest Ratio & Short Volume

$5.80
-0.02 (-0.34%)
(As of 07/26/2024 ET)

Transocean Short Interest Data

Current Short Interest
164,730,000 shares
Previous Short Interest
139,850,000 shares
Change Vs. Previous Month
+17.79%
Dollar Volume Sold Short
$909.31 million
Short Interest Ratio
9.3 Days to Cover
Last Record Date
July 15, 2024
Outstanding Shares
940,830,000 shares
Percentage of Shares Shorted
17.51%
Today's Trading Volume
18,621,026 shares
Average Trading Volume
17,936,893 shares
Today's Volume Vs. Average
104%
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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
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
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
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
Kiss of death from Joe Biden (Ad)

I did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but they do not care.

I have uncovered a bombshell that changes everything… and threatens everything.
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
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
Kiss of death from Joe Biden (Ad)

I did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but they do not care.

I have uncovered a bombshell that changes everything… and threatens everything.
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 July 15th, traders have sold 164,730,000 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 9.0. 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: Concourse Financial Group Securities Inc., Walleye Trading LLC, Jane Street Group LLC, Whitebox Advisors LLC, PEAK6 Investments LLC, BNP Paribas Financial Markets, 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 July. As of July 15th, there was short interest totaling 164,730,000 shares, an increase of 17.8% from the previous total of 139,850,000 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 sector of "oils/energy" compare to Transocean: Valaris Limited (12.35%), Patterson-UTI Energy, Inc. (7.58%), Helmerich & Payne, Inc. (14.29%), HighPeak Energy, Inc. (21.20%), Nabors Industries Ltd. (18.17%), Precision Drilling Co. (3.13%), Borr Drilling Limited (4.20%), Independence Contract Drilling, Inc. (4.54%), Coterra Energy Inc. (1.81%), Texas Pacific Land Co. (6.05%),

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. ($4.13 billion), Royal Caribbean Cruises Ltd. ($2.77 billion), Moderna, Inc. ($2.76 billion), Coinbase Global, Inc. ($2.36 billion), Rivian Automotive, Inc. ($2.22 billion), Paychex, Inc. ($2.02 billion), Tractor Supply ($1.81 billion), Enphase Energy, Inc. ($1.65 billion), Chesapeake Energy Co. ($1.62 billion), and Lululemon Athletica Inc. ($1.58 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 $0.02 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 July, 15 2024.



This page (NYSE:RIG) was last updated on 7/27/2024 by MarketBeat.com Staff

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