FRMO Co. (OTCMKTS:FRMO) Stock Short Interest Report for October

FRMO Co. (OTCMKTS:FRMO) saw a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 222 shares, a growth of 131.2% from the October 15th total of 96 shares. Based on an average daily trading volume, of 8,997 shares, the days-to-cover ratio is presently 0.0 days.

FRMO Stock Down 1.1%

Shares of FRMO stock opened at $6.23 on Friday. The company has a 50-day moving average of $6.75 and a two-hundred day moving average of $7.10. FRMO has a 1-year low of $6.02 and a 1-year high of $8.59.

FRMO Company Profile

FRMO Corp. is a publicly traded investment holding company that focuses on acquiring and holding interests in marketable securities, private businesses and other investment assets. Rather than operating a traditional product or service business, the company seeks to build long-term value through ownership of investments and related financial interests. FRMO has historically been associated with Horizon Kinetics and its investment-management activities. Its portfolio may include interests in publicly traded companies, private entities and investment partnerships, with results influenced by the performance and valuation of those holdings.