During the recent session, Ocean Power Technologies (AMEX:OPTT)’s traded shares were 1.17 million, with the beta value of the company hitting 2.49. The 52-week high for the OPTT share is $1.75, that puts it down -250.0 from that peak though still a striking 76.0% gain since the share price plummeted to a 52-week low of $0.12. The company’s market capitalization is $85.27M, and the average intraday trading volume over the past 10 days was 6.84 million shares, and the average trade volume was 22.66 million shares over the past three months.

Ocean Power Technologies (AMEX:OPTT) trade information

Ocean Power Technologies (OPTT) registered a -0.88% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.88% in intraday trading to $0.50, hitting a weekly high. The stock’s 5-day price performance is 4.65%, and it has moved by -22.85% in 30 days. Based on these gigs, the overall price performance for the year is 92.77%. The short interest in Ocean Power Technologies (AMEX:OPTT) is 9.44 million shares and it means that shorts have 2.0 day(s) to cover.

OPTT Dividends

Ocean Power Technologies is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Ocean Power Technologies (AMEX:OPTT)’s Major holders

Ocean Power Technologies insiders own 2.43% of total outstanding shares while institutional holders control 5.22%, with the float percentage being 5.35%. VANGUARD GROUP INC is the largest shareholder of the company, while 57.0 institutions own stock in it. As of 2024-06-30, the company held over 1.76 million shares (or 2.9894% of all shares), a total value of $0.34 million in shares.

The next largest institutional holding, with 0.48 million shares, is of GEODE CAPITAL MANAGEMENT, LLC’s that is approximately 0.8126% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $93686.0.

Also, the Mutual Funds coming in first place with the largest holdings of Ocean Power Technologies (OPTT) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 1.0 shares. This amounts to just over 1.96 percent of the company’s overall shares, with a $0.49 million market value. The same data shows that the other fund manager holds slightly less at 753.87, or about 1.48% of the stock, which is worth about $0.37 million.