Farmmi, Inc. (NASDAQ:FAMI) Short Interest Update

Farmmi, Inc. (NASDAQ:FAMI) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 149,776 shares, a decrease of 48.2% from the January 15th total of 288,891 shares. Based on an average daily volume of 621,928 shares, the short-interest ratio is presently 0.2 days. Currently, 2.8% of the company’s stock are short sold. Currently, 2.8% of the company’s stock are short sold. Based on an average daily volume of 621,928 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Farmmi in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Farmmi Price Performance

NASDAQ:FAMI traded up $0.01 during mid-day trading on Thursday, reaching $1.30. 4,286 shares of the company’s stock were exchanged, compared to its average volume of 594,792. The business’s fifty day simple moving average is $1.38 and its two-hundred day simple moving average is $1.60. Farmmi has a one year low of $1.11 and a one year high of $3.44.

Farmmi Company Profile

Farmmi, Inc is a China-based agricultural company primarily engaged in the cultivation, processing and sale of edible fungi. The company’s product portfolio spans fresh and dried mushrooms—including shiitake, oyster and wood ear varieties—along with a range of value-added plant-based foods such as vermicelli and other specialty grain products. Farmmi operates integrated facilities that cover seedling cultivation, mushroom production and downstream processing, allowing for quality control and traceability throughout its supply chain.

Headquartered in Lishui, Zhejiang Province, Farmmi has developed a network of farms, processing plants and sales offices across multiple provinces in the People’s Republic of China.