African Agriculture Holdings Inc. (OTCMKTS:AAGR) Sees Significant Growth in Short Interest

African Agriculture Holdings Inc. (OTCMKTS:AAGR) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 190,094 shares, an increase of 144.3% from the May 31st total of 77,826 shares. Currently, 3.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 216 shares, the days-to-cover ratio is currently 880.1 days.

African Agriculture Stock Performance

OTCMKTS AAGR opened at $0.01 on Monday. African Agriculture has a 52-week low of $0.00 and a 52-week high of $0.02. The company has a fifty day moving average of $0.01 and a 200-day moving average of $0.01. The company has a market capitalization of $94,400.00, a P/E ratio of -0.05 and a beta of -12.82.

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.