African Agriculture Holdings Inc. (OTCMKTS:AAGR – Get Free Report) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 68,396 shares, a decline of 62.6% from the September 15th total of 182,768 shares. Currently, 1.4% of the company’s stock are short sold. Based on an average daily trading volume, of 281 shares, the short-interest ratio is currently 243.4 days.
African Agriculture Stock Performance
Shares of African Agriculture stock opened at $0.01 on Tuesday. The company has a fifty day simple moving average of $0.01 and a 200-day simple moving average of $0.01. African Agriculture has a 12-month low of $0.00 and a 12-month high of $0.02. The stock has a market cap of $66,080.00, a price-to-earnings ratio of -0.03 and a beta of -30.10.
African Agriculture Company Profile
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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