African Agriculture Holdings Inc. (NASDAQ:AAGR) Sees Significant Increase in Short Interest

African Agriculture Holdings Inc. (NASDAQ:AAGR) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 213,900 shares, an increase of 110.7% from the August 31st total of 101,500 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is presently 164.5 days. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is presently 164.5 days.

African Agriculture Price Performance

The firm has a 50 day simple moving average of $0.01 and a two-hundred day simple moving average of $0.01. African Agriculture has a 1 year low of $0.00 and a 1 year high of $0.06.

About African Agriculture

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.