Ocean Biomedical, Inc. (NASDAQ:OCEAW – Get Free Report) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 6,900 shares, a decline of 54.3% from the February 13th total of 15,100 shares. Based on an average daily trading volume, of 59,700 shares, the days-to-cover ratio is currently 0.1 days.
Ocean Biomedical Stock Down 6.5 %
Ocean Biomedical stock traded down $0.00 during trading on Friday, reaching $0.02. 5,500 shares of the company’s stock were exchanged, compared to its average volume of 41,446. Ocean Biomedical has a 52-week low of $0.02 and a 52-week high of $0.42. The company’s 50-day moving average is $0.03 and its two-hundred day moving average is $0.04.
About Ocean Biomedical
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