Ocean Capital Acquisition Corporation (NYSE:OCAC – Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 5,208 shares, a growth of 86.1% from the September 15th total of 2,799 shares. Based on an average daily volume of 18,049 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.
Ocean Capital Acquisition Stock Performance
OCAC stock opened at $9.98 on Thursday. Ocean Capital Acquisition has a 12 month low of $9.75 and a 12 month high of $10.05.
About Ocean Capital Acquisition
Ocean Capital Acquisition Corp. (NYSE: OCAC) is a special purpose acquisition company (SPAC), also known as a blank-check company. Rather than operating a conventional business that sells products or services, the company was established to identify and complete a merger, share exchange, asset acquisition, reorganization, or similar business combination with one or more operating companies.
Ocean Capital Acquisition’s activities have primarily involved raising capital through a public offering, evaluating potential acquisition opportunities, and negotiating a transaction that could provide a privately held business with access to public markets.
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