Short Interest in African Agriculture Holdings Inc. (OTCMKTS:AAGR) Grows By 156.7%

African Agriculture Holdings Inc. (OTCMKTS:AAGR – Get Free Report) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 183,768 shares, an increase of 156.7% from the August 15th total of 71,596 shares. Currently, 3.8% of the company’s stock are sold short. Based on an average daily trading volume, of 182 shares, the short-interest ratio is currently 1,009.7 days.

African Agriculture Stock Performance

Shares of African Agriculture stock opened at $0.01 on Tuesday. The company has a market capitalization of $66,080.00, a P/E ratio of -0.03 and a beta of -30.16. The stock 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.

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About African Agriculture

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African Agriculture Holdings Inc, through its subsidiary Les Fermes de la Teranga SA, develops commercial farming business focusing on the production and sale of alfalfa for cattle feed and nutrition purposes in Africa. The company is based in New York, New York. African Agriculture Holdings Inc is a subsidiary of Global Commodities & Investments Ltd.

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