Short Interest Update on Oceaneering International (OII)

Oceaneering International (OII) : The short interest in Oceaneering International (OII) has changed with an increase of 1,035,314 shares and the open interest is 12.6%. From 8,237,493 short positions on Jul 29, 2016, the shorts increased to 9,272,807 shares by August 15, 2016. There are 6 more days left for the expiry and the daily trading volume of the stock is 1,464,020 shares. The total interest of shorts is 9.6% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

Oceaneering International (NYSE:OII): The stock opened at $27.72 on Wednesday but the bulls could not build on the opening and the stock topped out at $27.84 for the day. The stock traded down to $27.22 during the day, due to lack of any buying support eventually closed down at $27.35 with a loss of -1.94% for the day. The stock had closed at $27.89 on the previous day. The total traded volume was 1,524,321 shares.


In a related news, Lawrence David K, Officer (Sr. V.P., Gen.Counsel And Sec.) of OCEANEERING INTERNATIONAL INC, executed a transaction worth $2,720 on June 30, 2016. A total of 090 shares were purchased at an average price of $30.22. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Oceaneering International, Inc. is an oilfield provider of engineered services and products to the offshore oil and gas industry, with a focus on deep water applications. The Companys business segments are contained within two businesses, such as services and products provided to the oil and gas industry (Oilfield) and all other services and products (Advanced Technologies). The Companys four business segments within the Oil and Gas business includes Remotely Operated Vehicles (ROVs), Subsea Products, Subsea Projects and Asset Integrity. The Company also provides remote asset management software services. The Company provides services and products, such as remotely operated vehicles, specialty subsea hardware, engineering and project management, subsea intervention services, including manned diving, and asset integrity and non-destructive testing services. The Companys foreign operations are principally focused in the North Sea, Africa, Brazil, Australia and Asia.

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