Oceanpal Inc. (NASDAQ:SVRN) Sees Large Decrease in Short Interest

Posted by on Jun 29th, 2026

Oceanpal Inc. (NASDAQ:SVRN – Get Free Report) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 2,804 shares, a decrease of 62.3% from the May 31st total of 7,432 shares. Based on an average daily trading volume, of 18,734 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on SVRN shares. Weiss Ratings began coverage on Oceanpal in a research note on Thursday, April 2nd. They issued a “sell (e+)” rating on the stock. Wall Street Zen raised shares of Oceanpal to a “hold” rating in a report on Saturday, April 4th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Read Our Latest Stock Analysis on SVRN

Oceanpal Price Performance

Shares of NASDAQ SVRN traded down $0.18 during mid-day trading on Monday, hitting $8.15. 7,900 shares of the company’s stock traded hands, compared to its average volume of 15,281. The business has a 50-day moving average of $9.37. The company has a market capitalization of $15.29 million, a P/E ratio of -0.01 and a beta of 1.43. Oceanpal has a 1 year low of $3.12 and a 1 year high of $1,250.00.

Oceanpal (NASDAQ:SVRN – Get Free Report) last released its quarterly earnings results on Thursday, March 26th. The company reported $306.60 EPS for the quarter. The company had revenue of $3.62 million during the quarter.

Oceanpal Company Profile

(Get Free Report)

OceanPal Inc focuses on the provision of ocean-going transportation services. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers. As of November 29, 2021, its fleet consisted of 3 dry bulk vessels, which include 2 Panamax and 1 Capesize vessels. The company is based in Athens, Greece.

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