Odyssey Marine Exploration (NASDAQ:OMEX) Share Price Passes Above 200-Day Moving Average of $4.01

Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.01 and traded as high as $4.08. Odyssey Marine Exploration shares last traded at $4.00, with a volume of 67,168 shares trading hands.

Odyssey Marine Exploration Stock Performance

The firm’s 50 day simple moving average is $3.97 and its 200 day simple moving average is $4.01.

Institutional Trading of Odyssey Marine Exploration

Institutional investors and hedge funds have recently bought and sold shares of the business. Fifth Lane Capital LP acquired a new position in shares of Odyssey Marine Exploration in the 1st quarter valued at $179,000. Deltec Asset Management LLC acquired a new position in shares of Odyssey Marine Exploration in the 1st quarter valued at $107,000. FourWorld Capital Management LLC lifted its stake in shares of 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 purchasing an additional 195,000 shares during the period. Finally, Antonetti Capital Management LLC lifted its stake in shares of 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 purchasing an additional 6,098 shares during the period. 49.96% of the stock is currently owned by institutional investors and hedge funds.

Odyssey Marine Exploration Company Profile

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.