Shares of Farmmi Inc (NASDAQ:FAMI) traded up 10.3% on Friday . The stock traded as high as $4.59 and last traded at $4.49. 630,500 shares changed hands during mid-day trading, an increase of 69% from the average session volume of 372,169 shares. The stock had previously closed at $4.07.
A number of hedge funds have recently made changes to their positions in FAMI. Citadel Advisors LLC purchased a new position in shares of Farmmi during the third quarter valued at approximately $104,000. Virtu Financial LLC purchased a new position in shares of Farmmi during the third quarter valued at approximately $161,000. Jane Street Group LLC purchased a new position in shares of Farmmi during the second quarter valued at approximately $183,000. Finally, Renaissance Technologies LLC purchased a new position in shares of Farmmi during the third quarter valued at approximately $286,000. Hedge funds and other institutional investors own 1.40% of the company’s stock.
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Farmmi Company Profile (NASDAQ:FAMI)
Farmmi, Inc processes and sells agricultural products in China, the United States, Japan, Canada, Europe, and the Middle East. The company offers shiitake and Mu Er mushrooms; and other edible fungi products, including bamboo fungi, agrocybe aegerila, pleurotus eryngii, grifola frondosa, coprinus comatus, and hericium erinaceus.
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