Short Interest in Transocean (Symbol/Ticker RIGN RIG)

One of the reasons Transocean is so volatile:

Short Interest; currently over 10 days would be needed to cover the short interest in Transocean. transocean-rign-rig-short-interest-2015-2014

 

transocean-3-year-stock-chart-2014-2015

Another reason Transocean shares are so volatile:

Oil Price

crude-oil-3-year-chart-2012-2015

This makes Transocean an interesting candidate for an investor looking for exposure to the oil price and a change in sentiment (based for example on Transoceans financing becoming more solid, capital increases out the way etc).

6month Chart indicates a leveling off of selling pressure:

transocean-6month-chart-2014-2015

 

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