Deltec Asset Management LLC Takes $107,000 Position in Odyssey Marine Exploration, Inc. (NASDAQ:OMEX)

Deltec Asset Management LLC bought a new stake in shares of Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 28,045 shares of the business services provider’s stock, valued at approximately $107,000. Deltec Asset Management LLC owned 0.14% of Odyssey Marine Exploration as of its most recent filing with the Securities and Exchange Commission.

Separately, FourWorld Capital Management LLC lifted its position 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 during the period. 49.96% of the stock is currently owned by hedge funds and other institutional investors.

Odyssey Marine Exploration Price Performance

Shares of OMEX stock traded down $0.13 on Friday, hitting $4.88. 160,386 shares of the company’s stock were exchanged, compared to its average volume of 199,039. Odyssey Marine Exploration, Inc. has a 12 month low of $2.85 and a 12 month high of $5.57. The company has a 50 day moving average of $4.43 and a 200 day moving average of $4.31.

Odyssey Marine Exploration (NASDAQ:OMEX) last issued its earnings results on Monday, May 20th. The business services provider reported ($0.18) earnings per share (EPS) for the quarter. The business had revenue of $0.20 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Odyssey Marine Exploration in a research report on Tuesday, May 21st. They set a “hold” rating for the company.

Odyssey Marine Exploration Profile

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.