Oceanhawk Acquisition Corp. (NASDAQ:OHAC) Short Interest Update

Oceanhawk Acquisition Corp. (NASDAQ:OHAC) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 1,911 shares, a decrease of 40.8% from the August 31st total of 3,228 shares. Currently, 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.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings began coverage on Oceanhawk Acquisition in a research report on Monday, August 31st. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Oceanhawk Acquisition Stock Down 0.1%

Shares of OHAC stock traded down $0.01 on Thursday, reaching $9.99. 66,986 shares of the stock were exchanged, compared to its average volume of 91,178. The firm’s 50 day moving average price is $9.96. Oceanhawk Acquisition has a one year low of $9.86 and a one year high of $10.00.

Oceanhawk Acquisition Company Profile

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.