AUSTRALIAN AGRICULTURAL CO ORDINARY SHAR (OTCMKTS:ASAGF) on Focus After Report of More Shorts

May 16, 2018 - By Dane Moore

Australian Agricultural Company Limited (OTCMKTS:ASAGF) Logo

The stock of AUSTRALIAN AGRICULTURAL CO ORDINARY SHAR (OTCMKTS:ASAGF) registered an increase of 14.97% in short interest. ASAGF’s total short interest was 5.16M shares in May as published by FINRA. Its up 14.97% from 4.49 million shares, reported previously. The short interest to AUSTRALIAN AGRICULTURAL CO ORDINARY SHAR’s float is 1.59%.

It closed at $0.8364 lastly. It is down 0.00% since May 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Australian Agricultural Company Limited produces and sells beef in Australia. The company has market cap of $501.92 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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