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

African Agriculture Holdings Inc. (NASDAQ:AAGR) saw a large decline in short interest in September. As of September 15th, there was short interest totalling 100,500 shares, a decline 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 days-to-cover ratio is currently 0.1 days. Currently, 0.6% of the shares of the stock are short sold.

African Agriculture Stock Down 40.0 %

Shares of NASDAQ:AAGR opened at $0.01 on Friday. The company has a 50 day moving average of $0.13 and a 200-day moving average of $0.27. African Agriculture has a twelve month low of $0.01 and a twelve month high of $11.35.

Institutional Investors Weigh In On African Agriculture

A hedge fund recently bought a new stake in African Agriculture stock. Cantor Fitzgerald L. P. acquired a new position in African Agriculture Holdings Inc. (NASDAQ:AAGR) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 558,224 shares of the company’s stock, valued at approximately $698,000. Cantor Fitzgerald L. P. owned approximately 5.91% of African Agriculture as of its most recent filing with the SEC. 20.52% of the stock is owned by hedge funds and other institutional investors.

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.