Short interest in Transocean Ltd (NYSE:RIG) increased during the last reporting period, rising from 299.02M to 312.67M. This put 31.06% of the company's publicly available shares short.

Based on the recent average volume of 36.56M shares traded per day, it would take 8.55 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.