FRMO Co. (OTCMKTS:FRMO) Short Interest Update

FRMO Co. (OTCMKTS:FRMO) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totalling 2,400 shares, an increase of 2,300.0% from the August 31st total of 100 shares. Based on an average daily trading volume, of 29,000 shares, the short-interest ratio is presently 0.1 days.

FRMO Stock Performance

Shares of OTCMKTS:FRMO opened at $7.91 on Friday. The business has a fifty day moving average of $7.50 and a 200-day moving average of $7.41. FRMO has a twelve month low of $6.28 and a twelve month high of $8.98.

FRMO Company Profile

FRMO Corporation, through Horizon Kinetics, LLC, operates as an investment advisory and independent research company. The company provides in-depth analysis of information-poor, under-researched companies, and strategies to identify the complex situations primarily to institutional investors. FRMO Corporation was incorporated in 1993 and is based in White Plains, New York.