Short Interest in Ocean Biomedical, Inc. Decreases By 35.1
OCEAW Stock | 0.04 0 9.32% |
Slightly above 62% of Ocean Biomedical's investor base is looking to short. The analysis of the overall investor sentiment regarding Ocean Biomedical suggests that many traders are alarmed. Ocean Biomedical's investing sentiment can be driven by a variety of factors including economic data, Ocean Biomedical's earnings reports, geopolitical events, and overall market trends.
Ocean |
Ocean Biomedical, Inc. saw a significant decrease in short interest in September. As of September 30th, there was short interest totalling 2,400 shares, a decrease of 35.1 percent from the September 15th total of 3,700 shares. Based on an average trading volume of 40,400 shares, the days-to-cover ratio is presently 0.1
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Ocean Biomedical Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Ocean Biomedical can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Ocean Biomedical Fundamental Analysis
We analyze Ocean Biomedical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ocean Biomedical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ocean Biomedical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Working Capital
Working Capital Comparative Analysis
Ocean Biomedical is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Ocean Biomedical Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ocean Biomedical stock to make a market-neutral strategy. Peer analysis of Ocean Biomedical could also be used in its relative valuation, which is a method of valuing Ocean Biomedical by comparing valuation metrics with similar companies.
Peers
Ocean Biomedical Related Equities
SILO | Silo Pharma | 2.27 | ||||
FIZZ | National Beverage | 1.49 | ||||
PEP | PepsiCo | 0.35 | ||||
VDKB | Vodka Brands | 0.00 | ||||
DWWEF | Diamond Estates | 0.00 | ||||
ZIJMF | Zijin Mining | 6.63 | ||||
TSRYF | Treasury Wine | 9.87 | ||||
HGMCF | Harmony Gold | 20.97 |
Additional Tools for Ocean Stock Analysis
When running Ocean Biomedical's price analysis, check to measure Ocean Biomedical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Biomedical is operating at the current time. Most of Ocean Biomedical's value examination focuses on studying past and present price action to predict the probability of Ocean Biomedical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Biomedical's price. Additionally, you may evaluate how the addition of Ocean Biomedical to your portfolios can decrease your overall portfolio volatility.