FRMO Co. (OTCMKTS:FRMO) Short Interest Update

FRMO Co. (OTCMKTS:FRMO) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 1,700 shares, a growth of 750.0% from the August 31st total of 200 shares. Based on an average trading volume of 41,000 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 41,000 shares, the days-to-cover ratio is presently 0.0 days.

FRMO Trading Down 0.6%

OTCMKTS FRMO opened at $8.78 on Friday. FRMO has a one year low of $7.30 and a one year high of $13.27. The stock has a 50 day moving average price of $8.82 and a 200-day moving average price of $8.57.

About FRMO

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.