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

Farmmi, Inc. (NASDAQ:FAMI) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 86,162 shares, a decline of 86.2% from the June 30th total of 623,444 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average trading volume of 793,654 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Farmmi from a “sell (e)” rating to a “sell (e+)” rating in a research note on Tuesday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Farmmi Price Performance

Farmmi stock traded down $0.00 during midday trading on Friday, hitting $0.19. 556,382 shares of the company’s stock were exchanged, compared to its average volume of 1,207,096. Farmmi has a 52-week low of $0.18 and a 52-week high of $2.10. The stock has a 50-day moving average price of $0.85 and a two-hundred day moving average price of $1.14.

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.