Short interest in Transocean Ltd (NYSE:RIG) increased during the last reporting period, rising from 143.02M to 145.80M. This put 18.72% 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 24.41M shares traded per day, it would take 5.97 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.