Oceanpal Inc. (NASDAQ:SVRN) Stock Short Interest Rises 278.6%

Posted by Geri Gentry on Sep 28th, 2026

Oceanpal Inc. (NASDAQ:SVRN – Get Free Report) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 15,251 shares, an increase of 278.6% from the August 31st total of 4,028 shares. Based on an average trading volume of 209,209 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.8% of the shares of the company are short sold.

Oceanpal Price Performance

Shares of NASDAQ SVRN opened at $47.26 on Monday. The stock has a market capitalization of $88.85 million, a P/E ratio of -0.05 and a beta of 1.52. The business’s fifty day moving average price is $11.38. Oceanpal has a 1 year low of $3.12 and a 1 year high of $52.00.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Oceanpal from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on Oceanpal

Oceanpal Company Profile

(Get Free Report)

OceanPal Inc is a maritime shipping company focused on the ownership and operation of dry bulk vessels. Its ships transport internationally traded commodities, including iron ore, coal, grain and other bulk cargoes, for customers and charterers in global markets.

The company was established in 2021 through a spin-off from Diana Shipping Inc, an international shipping company. OceanPal has historically operated vessels in the Panamax and Capesize segments, with revenues generally generated through time charter and voyage charter arrangements.

OceanPal’s vessels serve international trade routes and may operate across a range of geographic markets depending on charter assignments.