Oceanhawk Acquisition Corp. (NASDAQ:OHACU) Sees Significant Increase in Short Interest

Oceanhawk Acquisition Corp. (NASDAQ:OHACU) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 25,829 shares, a growth of ∞ from the May 14th total of 0 shares. Based on an average trading volume of 640,694 shares, the short-interest ratio is presently 0.0 days.

Oceanhawk Acquisition Stock Performance

Shares of NASDAQ OHACU traded up $0.01 during mid-day trading on Monday, reaching $10.16. 200 shares of the company were exchanged, compared to its average volume of 153,450. Oceanhawk Acquisition has a twelve month low of $10.00 and a twelve month high of $10.16.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Oceanhawk Acquisition to a “hold” rating in a research report on Saturday, May 30th.

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.