Short Interest in Oceanhawk Acquisition Corp. (NASDAQ:OHACU) Decreases By 99.9%
by Renee Jackson · The Cerbat GemOceanhawk Acquisition Corp. (NASDAQ:OHACU – Get Free Report) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 15 shares, a decline of 99.9% from the May 31st total of 25,829 shares. Based on an average trading volume of 50,539 shares, the short-interest ratio is presently 0.0 days.
Oceanhawk Acquisition Price Performance
OHACU opened at $10.14 on Friday. Oceanhawk Acquisition has a one year low of $10.00 and a one year high of $10.17.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Oceanhawk Acquisition to a “hold” rating in a report on Saturday, May 30th.
Get Our Latest Stock Analysis on OHACU
About Oceanhawk Acquisition
Oceanhawk Acquisition is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. As a special purpose acquisition company (SPAC), it does not operate a traditional commercial business of its own prior to completing an initial business combination.
The company was created to identify and combine with a target business, but publicly available information about a specific operating focus, products, services, or geographic market is limited.