Odyssey Marine Exploration (NASDAQ:OMEX) Shares Cross Above 200 Day Moving Average of $4.03

Odyssey Marine Exploration, Inc. (NASDAQ:OMEX)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.03 and traded as high as $4.05. Odyssey Marine Exploration shares last traded at $3.87, with a volume of 49,215 shares traded.

Odyssey Marine Exploration Trading Down 3.7 %

The business’s 50-day moving average is $4.18 and its 200-day moving average is $4.03.

Institutional Investors Weigh In On Odyssey Marine Exploration

A number of hedge funds have recently made changes to their positions in OMEX. Deltec Asset Management LLC acquired a new stake in Odyssey Marine Exploration in the 1st quarter valued at about $107,000. Antonetti Capital Management LLC increased its position in Odyssey Marine Exploration by 2.2% in the 3rd quarter. Antonetti Capital Management LLC now owns 278,577 shares of the business services provider’s stock valued at $1,042,000 after acquiring an additional 6,098 shares in the last quarter. Finally, FourWorld Capital Management LLC increased its position in Odyssey Marine Exploration by 7.5% in the 4th quarter. FourWorld Capital Management LLC now owns 2,802,121 shares of the business services provider’s stock valued at $13,030,000 after acquiring an additional 195,000 shares in the last quarter. Institutional investors and hedge funds own 49.96% of the company’s stock.

About Odyssey Marine Exploration

Odyssey Marine Exploration, Inc, together with its subsidiaries, discovers, validates, and develops seafloor mineral resources worldwide. The company provides specialized mineral exploration, project development, and marine services to clients. Odyssey Marine Exploration, Inc was founded in 1994 and is headquartered in Tampa, Florida.