Ocean Power Technologies (AMEX:OPTT)’s traded shares stood at 26.02 million during the last session, with the company’s beta value hitting 2.63. At the close of trading, the stock’s price was $0.99, to imply an increase of 15.33% or $0.13 in intraday trading. The OPTT share’s 52-week high remains $1.75, putting it -76.77% down since that peak but still an impressive 87.88% since price per share fell to its 52-week low of $0.12. The company has a valuation of $144.67M, with an average of 37.42 million shares in intraday trading volume over the past 10 days and average of 39.30 million shares over the past 3 months.
Ocean Power Technologies (AMEX:OPTT) trade information
After registering a 15.33% upside in the last session, Ocean Power Technologies (OPTT) has traded red over the past five days. The 5-day price performance for the stock is -7.48%, and 192.29% over 30 days. With these gigs, the year-to-date price performance is -2.94%. Short interest in Ocean Power Technologies (AMEX:OPTT) saw shorts transact 10.56 million shares and set a 0.38 days time to cover.
OPTT Dividends
Ocean Power Technologies has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Ocean Power Technologies (AMEX:OPTT)’s Major holders
Ocean Power Technologies insiders hold 2.92% of total outstanding shares, with institutional holders owning 3.41% of the shares at 3.52% float percentage. In total, 3.41% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 1.76 million shares (or 2.9894% of shares), all amounting to roughly $0.34 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 0.58 million shares, or about 0.9809% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.11 million.
We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Ocean Power Technologies (OPTT) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 1.0 shares. This is just over 1.96% of the total shares, with a market valuation of $0.99 million. Data from the same date shows that the other fund manager holds a little less at 753.87, or 1.48% of the shares, all valued at about 0.75 million.
