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

Farmmi, Inc. (NASDAQ:FAMI) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 512,600 shares, a decline of 20.7% from the February 13th total of 646,400 shares. Based on an average daily volume of 3,150,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 3.5% of the company’s shares are sold short.

Institutional Investors Weigh In On Farmmi

An institutional investor recently bought a new position in Farmmi stock. Citadel Advisors LLC bought a new stake in Farmmi, Inc. (NASDAQ:FAMI) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 101,184 shares of the company’s stock, valued at approximately $30,000. Citadel Advisors LLC owned 0.95% of Farmmi as of its most recent filing with the Securities & Exchange Commission. 0.28% of the stock is owned by institutional investors and hedge funds.

Farmmi Price Performance

Farmmi stock traded down $0.09 during trading on Wednesday, reaching $1.93. The company had a trading volume of 73,101 shares, compared to its average volume of 111,969. Farmmi has a 12-month low of $1.43 and a 12-month high of $11.28. The stock’s 50 day moving average price is $0.33 and its two-hundred day moving average price is $0.30. The company has a debt-to-equity ratio of 0.01, a current ratio of 16.10 and a quick ratio of 15.55.

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.