Short Interest in Moolec Science SA (NASDAQ:MLECW) Declines By 74.0%

Moolec Science SA (NASDAQ:MLECWGet Free Report) was the recipient of a large drop in short interest in January. As of January 30th, there was short interest totaling 4,777 shares, a drop of 74.0% from the January 15th total of 18,390 shares. Based on an average trading volume of 281,351 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 281,351 shares, the days-to-cover ratio is presently 0.0 days.

Moolec Science Stock Performance

NASDAQ MLECW traded down $0.00 during trading hours on Thursday, hitting $0.01. The company had a trading volume of 10,691 shares, compared to its average volume of 415,379. The business has a 50 day moving average of $0.01 and a 200-day moving average of $0.01. Moolec Science has a 1-year low of $0.00 and a 1-year high of $0.05.

About Moolec Science

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Moolec Science is a biotechnology company focused on developing gene-edited livestock as living bioreactors to produce therapeutic proteins. The company leverages CRISPR/Cas9 and related gene-editing technologies to introduce human genes into the genome of pigs, enabling the secretion of complex human proteins in sow’s milk. By combining advanced genetic engineering with traditional livestock breeding, Moolec Science aims to address scalability and cost challenges associated with conventional biologics manufacturing.

The company’s pipeline centers on the production of large multimolecular proteins, including coagulation factors and antibody fragments, for rare diseases and life-threatening conditions.

Further Reading

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