Farmmi, Inc. (NASDAQ:FAMI) Short Interest Down 29.9% in March

Farmmi, Inc. (NASDAQ:FAMI) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 63,800 shares, a decrease of 29.9% from the March 15th total of 91,000 shares. Approximately 5.1% of the shares of the company are short sold. Based on an average daily volume of 270,700 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

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

Farmmi Stock Performance

NASDAQ:FAMI traded up $0.03 during trading hours on Friday, reaching $1.68. The stock had a trading volume of 7,403 shares, compared to its average volume of 115,016. The stock has a 50 day simple moving average of $2.24 and a 200 day simple moving average of $3.09. The company has a debt-to-equity ratio of 0.01, a quick ratio of 15.55 and a current ratio of 16.10. 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.