Odyssey Marine Exploration, Inc (OMEX) Gains 2.14%, Causing Bears To Win

Odyssey Marine Exploration, Inc (NASDAQ:OMEX) has a beta value of 0.03 and has seen 2.76 million shares traded in the last trading session. The company, currently valued at $17.59M, closed the last trade at $0.75 per share which meant it gained $0.01 on the day or 2.14% during that session. The OMEX stock price is -642.67% off its 52-week high price of $5.57 and 60.0% above the 52-week low of $0.30. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.71 million shares traded. The 3-month trading volume is 2.33 million shares.

Odyssey Marine Exploration, Inc (NASDAQ:OMEX) trade information

Sporting 2.14% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the OMEX stock price touched $0.75 or saw a rise of 10.71%. Year-to-date, Odyssey Marine Exploration, Inc shares have moved 4.83%, while the 5-day performance has seen it change 20.27%. Over the past 30 days, the shares of Odyssey Marine Exploration, Inc (NASDAQ:OMEX) have changed 52.95%. Short interest in the company has seen 1.5 million shares shorted with days to cover at 1.97.

Odyssey Marine Exploration, Inc (OMEX) estimates and forecasts

The company’s shares have lost -83.37% over the past 6 months.

OMEX Dividends

Odyssey Marine Exploration, Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Odyssey Marine Exploration, Inc (NASDAQ:OMEX)’s Major holders

Insiders own 3.74% of the company shares, while shares held by institutions stand at 38.23% with a share float percentage of 39.72%. Investors are also buoyed by the number of investors in a company, with Odyssey Marine Exploration, Inc having a total of 49.0 institutions that hold shares in the company. The top two institutional holders are FOURWORLD CAPITAL MANAGEMENT LLC with over 3.03 million shares worth more than $14.79 million. As of 2024-06-30, FOURWORLD CAPITAL MANAGEMENT LLC held 14.8328% of shares outstanding.

The other major institutional holder is TWO SEAS CAPITAL LP, with the holding of over 1.15 million shares as of 2024-06-30. The firm’s total holdings are worth over $5.62 million and represent 5.6334% of shares outstanding.