Oceanhawk Acquisition Corp. (NASDAQ:OHAC) Shares Shorted: Short Interest Down 40.8% in September

Oceanhawk Acquisition Corp. (NASDAQ:OHAC) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 1,911 shares, a drop of 40.8% from the August 31st total of 3,228 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 42,585 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings started coverage on Oceanhawk Acquisition in a report on Monday, August 31st. They set a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Oceanhawk Acquisition Stock Down 0.1%

Shares of OHAC stock opened at $9.99 on Wednesday. The company’s 50-day moving average price is $9.96. Oceanhawk Acquisition has a fifty-two week low of $9.86 and a fifty-two week high of $10.00.

About Oceanhawk Acquisition

Oceanhawk Acquisition is a special purpose acquisition company (SPAC) listed on the Nasdaq under the symbol OHAC. The company was formed to identify and complete a business combination, such as a merger, share exchange, asset acquisition, or similar transaction, with an operating business.

As a blank-check company, Oceanhawk Acquisition does not operate a traditional business and does not currently offer products or services of its own. Its activities are focused on evaluating potential acquisition opportunities and completing a transaction that would result in a combined operating company.