Could AUSTRALIAN AGRICULTURAL CO ORDINARY SHAR (OTCMKTS:ASAGF) Go Down After Its Newest Short Interest Report?

October 2, 2018 - By Adrian Erickson

Australian Agricultural Company Limited (OTCMKTS:ASAGF) Logo

The stock of AUSTRALIAN AGRICULTURAL CO ORDINARY SHAR (OTCMKTS:ASAGF) registered a decrease of 0.56% in short interest. ASAGF’s total short interest was 7.07 million shares in October as published by FINRA. Its down 0.56% from 7.11 million shares, reported previously. With 3,900 shares average volume, it will take short sellers 1813 days to cover their ASAGF’s short positions.

It closed at $0.875 lastly. It is down 0.00% since October 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Australian Agricultural Company Limited produces and sells beef in Australia. The company has market cap of $569.21 million. The firm engages in owning, operating, and developing pastoral properties; producing beef, including breeding, backgrounding, feedlotting, and processing cattle; and the production of grass fed beef, grain fed beef, and Wagyu beef. It currently has negative earnings. The firm operates under the Wylarah, Westholme, 1824, Brunette Downs Grassfed Beef, and Welltree brands.

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