Short Interest in Farmmi, Inc. (NASDAQ:FAMI) Declines By 20.7%

Farmmi, Inc. (NASDAQ:FAMI) saw a significant decline in short interest in 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 trading volume of 3,150,000 shares, the short-interest ratio is currently 0.2 days. Approximately 3.5% of the company’s stock are sold short.

Farmmi Stock Up 3.3 %

Shares of NASDAQ:FAMI traded up $0.07 during midday trading on Tuesday, hitting $2.02. 34,732 shares of the company’s stock were exchanged, compared to its average volume of 112,125. The company has a current ratio of 16.10, a quick ratio of 15.55 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average price of $0.33 and a 200-day moving average price of $0.30. Farmmi has a 12 month low of $1.43 and a 12 month high of $11.28.

Institutional Investors Weigh In On Farmmi

An institutional investor recently bought a new position in Farmmi stock. Citadel Advisors LLC acquired a new position in Farmmi, Inc. (NASDAQ:FAMI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 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. 0.28% of the stock is owned by hedge funds and other institutional investors.

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.