Ocean Biomedical, Inc. (NASDAQ:OCEAW – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 8,400 shares, a growth of 250.0% from the September 30th total of 2,400 shares. Based on an average daily trading volume, of 48,900 shares, the days-to-cover ratio is presently 0.2 days.
Ocean Biomedical Stock Performance
Shares of NASDAQ OCEAW traded down $0.01 during mid-day trading on Friday, hitting $0.04. 8,498 shares of the stock were exchanged, compared to its average volume of 43,124. Ocean Biomedical has a twelve month low of $0.02 and a twelve month high of $0.70. The stock’s fifty day simple moving average is $0.04 and its two-hundred day simple moving average is $0.06.
About Ocean Biomedical
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