Short Interest in FRMO Co. (OTCMKTS:FRMO) Decreases By 95.8%

FRMO Co. (OTCMKTS:FRMO) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 100 shares, a decrease of 95.8% from the September 15th total of 2,400 shares. Based on an average trading volume of 16,600 shares, the short-interest ratio is currently 0.0 days.

FRMO Trading Up 1.1 %

Shares of OTCMKTS:FRMO traded up $0.10 during trading on Friday, reaching $8.65. The stock had a trading volume of 819 shares, compared to its average volume of 16,232. FRMO has a 52 week low of $6.28 and a 52 week high of $8.98. The firm’s fifty day moving average is $7.68 and its 200 day moving average is $7.48.

About FRMO

FRMO Corporation, through Horizon Kinetics, LLC, operates as an investment advisory and independent research company. The company provides in-depth analysis of information-poor, under-researched companies, and strategies to identify the complex situations primarily to institutional investors. FRMO Corporation was incorporated in 1993 and is based in White Plains, New York.