Odyssey Marine Exploration Short Interest Down 15.4% in March (OMEX)

Posted on Apr 21, 2015

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Shares of Odyssey Marine Exploration (NASDAQ:OMEX) were the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 15,394,450 shares, a decline of 15.4% from the March 13th total of 18,195,704 shares, AR Network reports. Based on an average daily volume of 814,903 shares, the short-interest ratio is currently 18.9 days. Approximately 20.5% of the shares of the company are sold short.

Shares of Odyssey Marine Exploration (NASDAQ:OMEX) opened at 0.72 on Thursday. Odyssey Marine Exploration has a 52-week low of $ 0.51 and a 52-week high of $ 2.36. The stock’s 50-day moving average is $ 0. and its 200-day moving average is $ 0.. The company’s market cap is $ 61.62 million.

Odyssey Marine Exploration (NASDAQ:OMEX) last posted its quarterly earnings results on Monday, March 16th. The company reported ($ 0.06) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($ 0.09) by $ 0.03. Analysts expect that Odyssey Marine Exploration will post $ -0.15 EPS for the current fiscal year.

Odyssey Marine Exploration, Inc is an exploration company. The Company is engaged in archaeologically sensitive exploration and recovery of deep-ocean shipwrecks across the world. The Company employs technology, including side-scan sonar, magnetometers, remotely operated vehicles (NASDAQ:OMEX), and other equipment that enables the Company to locate shipwrecks and natural resource sites at depths.

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