FRMO Co. (OTCMKTS:FRMO) Short Interest Up 900.0% in August

FRMO Co. (OTCMKTS:FRMO) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 1,000 shares, a growth of 900.0% from the August 15th total of 100 shares. Based on an average daily volume of 16,200 shares, the short-interest ratio is currently 0.1 days.

OTCMKTS:FRMO opened at $10.50 on Wednesday. FRMO has a twelve month low of $5.50 and a twelve month high of $15.50. The stock’s 50 day moving average price is $10.18 and its two-hundred day moving average price is $11.68.

FRMO Company Profile

FRMO Corp. operates as a holding company, which engages in the identification and participating in operating assets. The company was founded in November 1993 and is headquartered in White Plains, NY.

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