Farmmi, Inc. (NASDAQ:FAMI – Get Free Report) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 2,352,264 shares, an increase of 281.6% from the August 31st total of 616,371 shares. Approximately 7.9% of the company’s shares are sold short. Based on an average trading volume of 113,395,618 shares, the days-to-cover ratio is presently 0.0 days.
Farmmi Stock Performance
Shares of NASDAQ:FAMI traded up $0.01 during trading on Friday, hitting $0.13. The company’s stock had a trading volume of 5,305,312 shares, compared to its average volume of 70,597,504. Farmmi has a fifty-two week low of $0.09 and a fifty-two week high of $2.03. The business has a 50 day moving average price of $0.14 and a two-hundred day moving average price of $0.76.
Farmmi (NASDAQ:FAMI – Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported ($1.63) earnings per share (EPS) for the quarter. The firm had revenue of $3.20 million during the quarter.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on FAMI
Farmmi Company Profile
Farmmi, Inc is an agricultural products company based in Lishui, Zhejiang Province, China. The company specializes in the cultivation, processing and sale of edible fungi and other agricultural products, with a focus on dried shiitake mushrooms and Mu Er, also known as black fungus.
Farmmi markets its products through business-to-business and business-to-consumer channels, including online and offline distribution. Its offerings are sold under the Farmmi and Shitake Mushroom brands and are intended for retail consumers, food-service businesses, wholesalers and other commercial customers.
The company was founded in 2015 and has historically served customers in China as well as selected international markets.
Recommended Stories
- Five stocks we like better than Farmmi
- Data Centers Got the AI Hype—But Office REITs May Get the Rent Hikes
- 2 Cybersecurity Stocks Breaking Out as AI Continues to Be a Tailwind
- 3 More AI Infrastructure Plays Beyond the Big Names
- CAVA Stock Slips: Sector Fear or Valuation Reality?
Receive News & Ratings for Farmmi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmmi and related companies with MarketBeat.com's FREE daily email newsletter.
