On 4 January 1924, "Sharkey" sailed from Lynnhaven Roads, Virginia, with the Scouting Fleet for the annual fleet concentration in the Caribbean. The exercises lasted from 11 January to 28 February, after which "Sharkey" underwent overhaul at Boston from 3 March to 14 June. Between 10 July and 28 July, she operated with off Bermuda testing a range finder for destroyers and, after repairs to a bent propeller, completed the trials between 5 September and 24 September with . Following more exercises, she arrived at Philadelphia on 1 November 1924.