Farmmi, Inc. (NASDAQ:FAMI) Short Interest Down 82.2% in March

Farmmi, Inc. (NASDAQ:FAMI) was the target of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 91,000 shares, a decline of 82.2% from the February 28th total of 512,600 shares. Approximately 7.3% of the company’s stock are short sold. Based on an average daily volume of 270,900 shares, the short-interest ratio is currently 0.3 days.

Farmmi Trading Up 0.0 %

FAMI traded up $0.00 during midday trading on Wednesday, reaching $1.97. 17,457 shares of the company were exchanged, compared to its average volume of 112,958. Farmmi has a one year low of $1.43 and a one year high of $11.28. The company’s fifty day moving average price is $2.82 and its 200 day moving average price is $3.26. The company has a debt-to-equity ratio of 0.01, a quick ratio of 15.55 and a current ratio of 16.10.

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 shares of Farmmi, Inc. (NASDAQ:FAMI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 101,184 shares of the company’s stock, valued at approximately $30,000. Citadel Advisors LLC owned about 0.95% of Farmmi at the end of the most recent reporting period. Institutional investors and hedge funds own 0.28% of the company’s stock.

About Farmmi

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.