The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Odyssey Marine Exploration, Inc shares valued at $32,235 were purchased by Justh Mark B on Dec 31 ’24. At $0.64 per share, Justh Mark B acquired 50,000 shares. The insider’s holdings grew to 551,124 shares worth approximately $0.74 million following the completion of this transaction.
Also, Justh Mark B purchased 250,000 shares, netting a total of over 137,500 in proceeds. Following the buying of shares at $0.55 each, the insider now holds 501,124 shares.
As published in a research note from Craig Hallum on April 13, 2016, Odyssey Marine Exploration, Inc [OMEX] has been rated down from a Buy to a Hold.
Analyzing OMEX Stock Performance
On last trading session,, Odyssey Marine Exploration, Inc [NASDAQ: OMEX] rose 8.00% to $1.35. The stock’s lowest price that day was $1.27, but it reached a high of $1.43 in the same session. During the last five days, there has been a surge of approximately 12.50%. Over the course of the year, Odyssey Marine Exploration, Inc shares have dropped approximately -73.27%. Shares of the company reached a 52-week high of $2.0900 on 04/28/25 and a 52-week low of $0.2701 on 04/07/25.
Support And Resistance Levels for Odyssey Marine Exploration, Inc (OMEX)
According to the 24-hour chart, there is a support level at 1.2700, which, if violated, would cause prices to drop to 1.1900. In the upper region, resistance lies at 1.4300. The next price resistance is at 1.5100. RSI (Relative Strength Index) is 64.12 on the 14-day chart, showing neutral technical sentiment.
Is Odyssey Marine Exploration, Inc subject to short interest?
Stocks of Odyssey Marine Exploration, Inc saw a sharp steep in short interest on 2025-05-30 dropping by -4.92 million shares to 1.89 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 6.8 million shares. A decline of -260.95% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 0.62 of the overall float, the days-to-cover ratio (short ratio) decline to 0.62.
