Short interest in Formation Minerals Inc (OTC:FOMI) decreased during the last reporting period, falling from 6.94K to 1.54K. This put -% of the company's publicly available shares short.

Short interest for Formation Minerals gives investors a sense of the degree to which investors are betting on the decline of Formation Minerals's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 11.08K shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.