Farmmi (NASDAQ:FAMI) Shares Up 1.2%

Shares of Farmmi, Inc. (NASDAQ:FAMI) rose 1.2% on Thursday . The company traded as high as $0.83 and last traded at $0.82. Approximately 20,566 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 316,657 shares. The stock had previously closed at $0.81.

Farmmi Stock Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 14.76 and a quick ratio of 14.40. The business has a 50 day simple moving average of $0.98 and a two-hundred day simple moving average of $1.15.

Institutional Trading of Farmmi

Institutional investors and hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC raised its holdings in Farmmi by 13.7% in the fourth quarter. Renaissance Technologies LLC now owns 171,307 shares of the company’s stock worth $69,000 after purchasing an additional 20,624 shares in the last quarter. Virtu Financial LLC grew its stake in shares of Farmmi by 86.1% during the second quarter. Virtu Financial LLC now owns 79,087 shares of the company’s stock worth $83,000 after acquiring an additional 36,587 shares during the last quarter. Finally, Invesco Ltd. purchased a new stake in shares of Farmmi during the first quarter worth about $103,000. 0.28% of the stock is currently owned by institutional investors.

About Farmmi

Farmmi, Inc, through its subsidiaries, engages in processing and sale of agricultural products in China, the United States, Japan, Canada, Europe, Korea, and the Middle East. The company offers Shiitake mushrooms, Mu Er mushrooms, and other edible fungi, such as bamboo fungi, agrocybe aegerila, pleurotus eryngii, grifola frondose, coprinus comatus, and hericium erinaceus, as well as dried edible fungi.