Odyssey Marine Exploration (OMEX) Short Interest Ratio & Short Volume

Short interest is the volume of Odyssey Marine Exploration shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 1,410,000 shares of OMEX short. Learn More on Odyssey Marine Exploration's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. OMEX shares currently have a short interest ratio of 18.0. Learn More on Odyssey Marine Exploration's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Odyssey Marine Exploration: Citadel Advisors LLC, Concourse Financial Group Securities Inc., and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Here is how the short interest of companies in the sector of "transportation" compare to Odyssey Marine Exploration: EuroDry Ltd. (0.01%), United Maritime Co. (1.40%), KNOT Offshore Partners LP (0.12%), Toro Corp. (0.42%), Air T, Inc. (0.94%), Top Ships Inc. (2.18%), Imperial Petroleum Inc. (64.10%), Pyxis Tankers Inc. (1.73%), Globus Maritime Limited (5.69%), BEST Inc. (0.29%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling OMEX is an investing strategy that aims to generate trading profit from Odyssey Marine Exploration as its price is falling. OMEX shares are trading up $0.19 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Odyssey Marine Exploration occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of OMEX, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including OMEX, twice per month. The most recent reporting period available is March, 31 2024.