Farmmi, Inc. (NASDAQ:FAMI) Short Interest Down 14.4% in December

Farmmi, Inc. (NASDAQ:FAMI) was the target of a large drop in short interest in December. As of December 31st, there was short interest totalling 410,600 shares, a drop of 14.4% from the December 15th total of 479,500 shares. Currently, 3.9% of the company’s stock are sold short. Based on an average daily trading volume, of 1,670,000 shares, the short-interest ratio is presently 0.2 days.

Farmmi Stock Performance

Shares of FAMI stock traded down $0.01 during trading hours on Friday, reaching $0.30. 1,378,740 shares of the company’s stock were exchanged, compared to its average volume of 511,443. Farmmi has a fifty-two week low of $0.17 and a fifty-two week high of $2.35. The stock’s 50 day moving average is $0.30 and its 200-day moving average is $0.36.

Farmmi Company Profile

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.