FRMO Co. (OTCMKTS:FRMO) Short Interest Update

FRMO Co. (OTCMKTS:FRMO) saw a large drop in short interest in March. As of March 31st, there was short interest totalling 1,500 shares, a drop of 11.8% from the March 15th total of 1,700 shares. Based on an average daily trading volume, of 28,600 shares, the short-interest ratio is currently 0.1 days.

FRMO Stock Down 0.3 %

FRMO stock traded down $0.02 during trading hours on Tuesday, hitting $7.28. The stock had a trading volume of 9,327 shares, compared to its average volume of 14,625. The stock’s 50-day moving average price is $7.30 and its 200-day moving average price is $7.20. FRMO has a 12-month low of $6.28 and a 12-month high of $8.98.

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.