FRMO Co. (OTCMKTS:FRMO – Get Free Report) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 350 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 27,047 shares, the short-interest ratio is currently 0.0 days.
FRMO Stock Up 0.7%
Shares of FRMO stock traded up $0.05 during mid-day trading on Friday, reaching $7.00. 8,503 shares of the company were exchanged, compared to its average volume of 14,423. The business’s 50 day simple moving average is $6.67 and its 200 day simple moving average is $7.24. FRMO has a fifty-two week low of $6.21 and a fifty-two week high of $9.55.
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.
Featured Stories
- Five stocks we like better than FRMO
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
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.
