African Agriculture Holdings Inc. (OTCMKTS:AAGR – Get Free Report) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 68,396 shares, a drop of 62.6% from the September 15th total of 182,768 shares. Based on an average daily trading volume, of 281 shares, the short-interest ratio is presently 243.4 days. Approximately 1.4% of the company’s stock are sold short.
African Agriculture Price Performance
OTCMKTS:AAGR opened at $0.01 on Wednesday. The company has a fifty day simple moving average of $0.01 and a two-hundred day simple moving average of $0.01. The company has a market cap of $66,080.00, a price-to-earnings ratio of -0.03 and a beta of -30.10. African Agriculture has a 52 week low of $0.00 and a 52 week high of $0.02.
About African Agriculture
African Agriculture, Inc (OTC: AAGR) is an agricultural development company focused on building and operating large-scale farming projects in Africa. Its business is centered on producing crops and other agricultural products intended to support food security, livestock production and regional supply chains.
The company’s primary operating focus is in Senegal, where it has pursued the development of farmland for alfalfa and other forage crops. These products are intended to help address demand for animal feed while supporting local and regional agricultural markets.
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