About Formation Minerals, Inc. (FOMI) data
Data as of May 15, 2025.
Formation Minerals, Inc. (FOMI) has 8.58K shares sold short as of the latest FINRA settlement report on May 15, 2025. Short interest has increased by 0.00% compared with the prior settlement. At the current average daily volume, covering all open short positions would take about 3.34 days (days to cover).
Recent FOMI short interest history
| Settlement date | Short interest | Change | Days to cover |
|---|---|---|---|
| May 15, 2025 | 8,575 | 0.00% | 3.34 |
| Apr 30, 2025 | 8,575 | 0.00% | 3.38 |
| Apr 15, 2025 | 8,575 | 0.00% | 1.41 |
| Mar 31, 2025 | 8,575 | 0.00% | 1.00 |
| Mar 14, 2025 | 8,575 | 0.00% | 1.00 |
| Feb 28, 2025 | 8,575 | -52.04% | 1.08 |
| Feb 14, 2025 | 17,881 | -27.01% | 1.00 |
| Jan 31, 2025 | 24,497 | 8.41% | 1.00 |
| Jan 15, 2025 | 22,596 | 100.00% | 1.00 |
| Nov 29, 2024 | 1,544 | -77.74% | 1.00 |
| Nov 15, 2024 | 6,937 | 8,571.25% | 1.00 |
| Oct 31, 2024 | 80 | 100.00% | 1.00 |
Full history, charts, and borrow-fee detail are on the FOMI short interest page.
Frequently asked questions
What is the current short interest in FOMI?
As of the latest FINRA settlement dated May 15, 2025, FOMI had approximately 8,575 shares sold short. Short interest data is reported by FINRA twice per month.
What is the days to cover ratio for FOMI?
Days to cover for FOMI is approximately 3.34 days. This estimates how many trading days it would take short sellers to buy back all outstanding short shares at the current average daily volume.
Is FOMI a short squeeze candidate?
A squeeze needs shorts that are hard to close. FOMI trades about 2,565 shares a day and would take roughly 3.34 days to unwind current short positions. Higher days-to-cover and a rising borrow fee together are the setup to watch; neither alone is enough.