Blacknose sharks are of small commercial fishery importance, however it is fished as a gamefish, for the decent fight it gives when caught on light tackle. When it is harvested, this shark is often dried before being marketed for human consumption. This shark poses little threat to humans and has never been reported in a shark attack case. However, when confronted by divers, the Blacknose shark has been reported to give a threat display in the form of a hunched back with head raised and caudal lowered.