When Roger Corman needed to travel to shoot a film on location, he would put together a second feature that could be shot at the same location. This film was shot on the same location as Naked Paradise (1957). American International put this on the shelf for a year and a half before using it as part of one of their pre-packaged double features with Night of the Blood Beast (1958).
Roger Corman said the original title was simply "Shark Reef" but American-International expanded it to "She Gods of Shark Reef" even though no one knew just who or what the "She Gods" were.
In Dinocroc vs. Supergator (2010), which was produced by Roger Corman, a tour guide references this film while leading a group around an old hotel.
Lovers of "beefcake" will note that Bill Cord and Don Durant spend the entire movie completely bare-chested.