Farmmi, Inc. (NASDAQ:FAMI) Sees Significant Growth in Short Interest

by · The Markets Daily

Farmmi, Inc. (NASDAQ:FAMI – Get Free Report) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 1,796 shares, an increase of 51.7% from the December 15th total of 1,184 shares. Based on an average daily trading volume, of 7,613 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 7,613 shares, the short-interest ratio is presently 0.2 days.

Farmmi Price Performance

Shares of NASDAQ FAMI traded down $0.01 during trading hours on Friday, hitting $1.31. 90,385 shares of the stock were exchanged, compared to its average volume of 548,904. Farmmi has a one year low of $1.11 and a one year high of $3.71. The company’s 50 day moving average is $1.43 and its 200 day moving average is $1.66.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Farmmi in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Read Our Latest Analysis on FAMI

Farmmi Company Profile

(Get Free Report)

Farmmi, Inc is a China-based agricultural company primarily engaged in the cultivation, processing and sale of edible fungi. The company’s product portfolio spans fresh and dried mushrooms—including shiitake, oyster and wood ear varieties—along with a range of value-added plant-based foods such as vermicelli and other specialty grain products. Farmmi operates integrated facilities that cover seedling cultivation, mushroom production and downstream processing, allowing for quality control and traceability throughout its supply chain.

Headquartered in Lishui, Zhejiang Province, Farmmi has developed a network of farms, processing plants and sales offices across multiple provinces in the People’s Republic of China.

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