Short Interest in Farmmi, Inc. (NASDAQ:FAMI) Rises By 9.3%

Farmmi, Inc. (NASDAQ:FAMI) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 869,900 shares, an increase of 9.3% from the November 15th total of 796,100 shares. Based on an average trading volume of 1,250,000 shares, the short-interest ratio is currently 0.7 days. Approximately 8.2% of the company’s stock are sold short.

Farmmi Trading Up 0.4 %

Shares of Farmmi stock traded up $0.00 during trading hours on Tuesday, hitting $0.27. 70,460 shares of the company’s stock traded hands, compared to its average volume of 618,045. The company has a fifty day simple moving average of $0.30 and a 200-day simple moving average of $0.43. Farmmi has a 12-month low of $0.17 and a 12-month high of $2.35.

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.