Short Interest in Farmmi, Inc. (NASDAQ:FAMI) Decreases By 29.8%

Farmmi, Inc. (NASDAQ:FAMI) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 646,400 shares, a decline of 29.8% from the January 31st total of 921,400 shares. Based on an average trading volume of 1,950,000 shares, the short-interest ratio is currently 0.3 days. Approximately 4.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Farmmi stock. Citadel Advisors LLC bought a new position in Farmmi, Inc. (NASDAQ:FAMI) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 101,184 shares of the company’s stock, valued at approximately $30,000. Citadel Advisors LLC owned approximately 0.95% of Farmmi as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 0.28% of the company’s stock.

Farmmi Price Performance

NASDAQ:FAMI traded down $0.01 during mid-day trading on Tuesday, hitting $0.22. 247,919 shares of the company’s stock were exchanged, compared to its average volume of 2,898,161. The business has a fifty day moving average price of $0.28 and a 200 day moving average price of $0.29. Farmmi has a one year low of $0.17 and a one year high of $1.10. The company has a current ratio of 16.10, a quick ratio of 15.55 and a debt-to-equity ratio of 0.01.

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.