Short interest in Transocean Ltd (NYSE:RIG) decreased during the last reporting period, falling from 147.49M to 145.12M. This put 18.63% of the company's publicly available shares short.

Short interest for Transocean gives investors a sense of the degree to which investors are betting on the decline of Transocean's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 14.88M shares traded per day, it would take 9.75 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.