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

Oceanhawk Acquisition Corp. (NASDAQ:OHAC – Get Free Report) was the target of a significant 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. Based on an average daily volume of 42,585 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on shares of Oceanhawk Acquisition in a research report on Monday, August 31st. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

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Oceanhawk Acquisition Price Performance

NASDAQ:OHAC opened at $9.99 on Wednesday. The company has a fifty day moving average of $9.96. Oceanhawk Acquisition has a 1-year low of $9.86 and a 1-year high of $10.00.

About Oceanhawk Acquisition

(Get Free Report)

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.

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