African Agriculture Holdings Inc. (NASDAQ:AAGR) Short Interest Down 23.7% in September

African Agriculture Holdings Inc. (NASDAQ:AAGR) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 100,500 shares, a drop of 23.7% from the August 31st total of 131,700 shares. Based on an average daily trading volume, of 1,780,000 shares, the short-interest ratio is currently 0.1 days. Approximately 0.6% of the shares of the company are sold short.

African Agriculture Trading Down 40.0 %

AAGR stock opened at $0.01 on Friday. The stock’s fifty day moving average is $0.13 and its two-hundred day moving average is $0.27. African Agriculture has a 1 year low of $0.01 and a 1 year high of $11.35.

Institutional Trading of African Agriculture

An institutional investor recently bought a new position in African Agriculture stock. Cantor Fitzgerald L. P. purchased a new stake in shares of African Agriculture Holdings Inc. (NASDAQ:AAGR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 558,224 shares of the company’s stock, valued at approximately $698,000. Cantor Fitzgerald L. P. owned about 5.91% of African Agriculture at the end of the most recent quarter. Hedge funds and other institutional investors own 20.52% of the company’s stock.

African Agriculture Company Profile

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.