Odyssey Marine Exploration (NASDAQ:OMEX) Share Price Crosses Above Two Hundred Day Moving Average of $4.01

Shares of 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 $4.14. Odyssey Marine Exploration shares last traded at $4.01, with a volume of 62,600 shares changing hands.

Odyssey Marine Exploration Trading Up 4.2 %

The business’s fifty day simple moving average is $4.42 and its 200-day simple moving average is $4.01.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Apollon Wealth Management LLC purchased a new position in shares of Odyssey Marine Exploration during the 1st quarter valued at $70,000. Northern Trust Corp grew its position in Odyssey Marine Exploration by 23.8% in the second quarter. Northern Trust Corp now owns 24,526 shares of the business services provider’s stock worth $84,000 after acquiring an additional 4,714 shares in the last quarter. State Street Corp grew its position in Odyssey Marine Exploration by 12.1% in the first quarter. State Street Corp now owns 40,483 shares of the business services provider’s stock worth $270,000 after acquiring an additional 4,371 shares in the last quarter. ExodusPoint Capital Management LP grew its position in Odyssey Marine Exploration by 25.6% in the second quarter. ExodusPoint Capital Management LP now owns 56,615 shares of the business services provider’s stock worth $193,000 after acquiring an additional 11,547 shares in the last quarter. Finally, Envestnet Asset Management Inc. purchased a new position in Odyssey Marine Exploration in the first quarter worth $192,000. 49.96% of the stock is currently owned by hedge funds and other institutional investors.

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.