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Taking a Closer Look At Odyssey Marine Exploration, Inc (OMEX) Following Its Recent Trade

Odyssey Marine Exploration, Inc’s recent filing unveils that its Director Justh Mark B acquired Company’s shares for reported $32235.0 on Dec 31 ’24. In the deal valued at $0.64 per share,50,000 shares were bought. As a result of this transaction, Justh Mark B now holds 551,124 shares worth roughly $0.2 million.

Then, Justh Mark B bought 250,000 shares, generating $137,500 in total proceeds. Upon buying the shares at $0.55, the Director now owns 501,124 shares.

Craig Hallum downgraded its Odyssey Marine Exploration, Inc [OMEX] rating to a Hold from a a Buy in a research note published recently.

Price Performance Review of OMEX

On Friday, Odyssey Marine Exploration, Inc [NASDAQ:OMEX] saw its stock jump 15.31% to $0.36. Over the last five days, the stock has gained 9.09%. Odyssey Marine Exploration, Inc shares have fallen nearly -50.00% since the year began. Nevertheless, the stocks have fallen -90.45% over the past one year. While a 52-week high of $5.57 was reached on 01/06/25, a 52-week low of $0.27 was recorded on 04/07/25. SMA at 50 days reached $0.4256, while 200 days put it at $1.6061.

Levels Of Support And Resistance For OMEX Stock

The 24-hour chart illustrates a support level at 0.3067, which if violated will result in even more drops to 0.2533. On the upside, there is a resistance level at 0.3867. A further resistance level may holdings at 0.4133. The Relative Strength Index (RSI) on the 14-day chart is 44.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0386, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.99%. Stochastics %K at 20.35% indicates the stock is a holding.

How much short interest is there in Odyssey Marine Exploration, Inc?

A steep rise in short interest was recorded in Odyssey Marine Exploration, Inc stocks on 2025-03-31, growing by 44151.0 shares to a total of 1.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.62 million shares. There was a rise of 2.65%, which implies that there is a positive sentiment for the stock.

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