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

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Farmmi stock. Citadel Advisors LLC purchased a new position in shares of Farmmi, Inc. (NASDAQ:FAMI) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 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 SEC filing. Institutional investors and hedge funds own 0.28% of the company’s stock.

Farmmi Stock Down 1.0 %

NASDAQ FAMI traded down $0.02 during trading hours on Thursday, hitting $1.95. 17,098 shares of the company’s stock were exchanged, compared to its average volume of 112,603. The company has a debt-to-equity ratio of 0.01, a quick ratio of 15.55 and a current ratio of 16.10. The business’s 50 day moving average is $2.82 and its 200-day moving average is $3.26. Farmmi has a 12-month low of $1.43 and a 12-month high of $11.28.

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.