Ocean Biomedical, Inc. (NASDAQ:OCEAW – Get Free Report) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 21,400 shares, a drop of 22.5% from the July 15th total of 27,600 shares. Based on an average daily volume of 13,500 shares, the days-to-cover ratio is presently 1.6 days.
Ocean Biomedical Price Performance
NASDAQ OCEAW remained flat at $0.04 during trading hours on Friday. The company’s stock had a trading volume of 101 shares, compared to its average volume of 35,214. Ocean Biomedical has a fifty-two week low of $0.02 and a fifty-two week high of $0.70. The company’s 50 day moving average is $0.04 and its 200 day moving average is $0.11.
Ocean Biomedical Company Profile
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