Farmmi, Inc. (NASDAQ:FAMI) Short Interest Up 240.0% in October

Farmmi, Inc. (NASDAQ:FAMI) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 571,600 shares, a growth of 240.0% from the October 15th total of 168,100 shares. Currently, 5.4% of the shares of the company are sold short. Based on an average trading volume of 1,730,000 shares, the short-interest ratio is currently 0.3 days.

Farmmi Stock Performance

FAMI stock traded down $0.01 during midday trading on Tuesday, reaching $0.29. The company had a trading volume of 348,790 shares, compared to its average volume of 644,664. The stock has a 50 day moving average price of $0.28 and a 200 day moving average price of $0.52. Farmmi has a fifty-two week low of $0.17 and a fifty-two week high of $2.35.

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.