Farmmi, Inc. (NASDAQ:FAMI) Short Interest Up 51.7% in December

Farmmi, Inc. (NASDAQ:FAMI) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 1,796 shares, an increase of 51.7% from the December 15th total of 1,184 shares. Based on an average daily trading volume, of 7,613 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 7,613 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Farmmi in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Farmmi Price Performance

NASDAQ FAMI traded down $0.01 during trading on Friday, reaching $1.31. The company’s stock had a trading volume of 90,385 shares, compared to its average volume of 548,904. The business has a 50-day moving average price of $1.43 and a 200-day moving average price of $1.66. Farmmi has a 1-year low of $1.11 and a 1-year high of $3.71.

About Farmmi

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.