Farmmi, Inc. (NASDAQ:FAMI) Short Interest Up 9.3% in November

Farmmi, Inc. (NASDAQ:FAMIGet Free Report) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 869,900 shares, a growth of 9.3% from the November 15th total of 796,100 shares. Based on an average daily volume of 1,250,000 shares, the days-to-cover ratio is presently 0.7 days. Approximately 8.2% of the shares of the stock are sold short.

Farmmi Stock Performance

FAMI opened at $0.27 on Tuesday. Farmmi has a twelve month low of $0.17 and a twelve month high of $2.35. The company has a 50-day moving average price of $0.30 and a 200 day moving average price of $0.43.

About Farmmi

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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.

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