FRMO Co. (OTCMKTS:FRMO – Get Free Report) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 1,206 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 33,529 shares, the days-to-cover ratio is presently 0.0 days.
FRMO Stock Performance
Shares of FRMO stock remained flat at $6.60 on Tuesday. The stock had a trading volume of 19,373 shares, compared to its average volume of 15,702. FRMO has a twelve month low of $6.51 and a twelve month high of $9.69. The company has a 50-day moving average of $7.14 and a 200 day moving average of $7.48.
FRMO Company Profile
FRMO Corporation (OTCMKTS:FRMO) is a diversified holding company based in Bloomfield Hills, Michigan. The company seeks long-term capital appreciation by acquiring, incubating and supporting a range of businesses and investments across public equities, private ventures, commercial real estate and special situations. With a flexible investment mandate, FRMO allocates capital to sectors and asset classes it considers undervalued or poised for future growth.
Through its wholly owned subsidiaries and strategic partnerships, FRMO’s portfolio spans multiple industries, including software and technology services, digital media, consumer products and real estate development.
See Also
- Five stocks we like better than FRMO
- Marvell Stock Soars on NVIDIA’s Trillion-Dollar Nod
- FirstCash Turns Pawn Into a Growth Machine
- HubSpot Just Crushed the Bear Case—Is a Bigger Rally Ahead?
- Aggressive Insider Buying Signals Opportunity in 3 Risky Stocks
Receive News & Ratings for FRMO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FRMO and related companies with MarketBeat.com's FREE daily email newsletter.
