Farmmi, Inc. (NASDAQ:FAMI) Short Interest Update

Farmmi, Inc. (NASDAQ:FAMI) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 571,600 shares, an increase of 240.0% from the October 15th total of 168,100 shares. Currently, 5.4% of the shares of the company are sold short. Based on an average daily trading volume, of 1,730,000 shares, the short-interest ratio is presently 0.3 days.

Farmmi Stock Performance

Shares of FAMI traded down $0.01 during mid-day trading on Tuesday, reaching $0.29. 348,790 shares of the company’s stock traded hands, compared to its average volume of 644,664. Farmmi has a 12 month low of $0.17 and a 12 month high of $2.35. The business’s 50-day moving average price is $0.28 and its 200-day moving average price is $0.52.

About Farmmi

Farmmi, Inc, through its subsidiaries, engages in processing and sale of agricultural products in China, the United States, Japan, Canada, Europe, Korea, and the Middle East. The company offers Shiitake mushrooms, Mu Er mushrooms, and other edible fungi, such as bamboo fungi, agrocybe aegerila, pleurotus eryngii, grifola frondose, coprinus comatus, and hericium erinaceus, as well as dried edible fungi.