Short Interest in FRMO Co. (OTCMKTS:FRMO) Decreases By 72.7%

FRMO Co. (OTCMKTS:FRMO) was the recipient of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 300 shares, a drop of 72.7% from the January 31st total of 1,100 shares. Based on an average daily trading volume, of 19,300 shares, the days-to-cover ratio is presently 0.0 days.

FRMO Stock Up 0.1 %

Shares of OTCMKTS FRMO traded up $0.01 during trading on Friday, hitting $9.07. The company had a trading volume of 4,015 shares, compared to its average volume of 12,682. The stock has a 50 day simple moving average of $9.88 and a 200 day simple moving average of $9.16. FRMO has a 12 month low of $6.91 and a 12 month high of $13.27.

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.