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

Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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 trading hands.

Odyssey Marine Exploration Stock Down 3.7 %

The stock’s fifty day simple moving average is $4.18 and its two-hundred day simple moving average is $4.03.

Hedge Funds Weigh In On Odyssey Marine Exploration

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Antonetti Capital Management LLC lifted its holdings in shares of Odyssey Marine Exploration by 2.2% during 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. Deltec Asset Management LLC acquired a new position in shares of Odyssey Marine Exploration during the 1st quarter valued at $107,000. Finally, FourWorld Capital Management LLC lifted its holdings in shares of Odyssey Marine Exploration by 7.5% during 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.