Moolec Science SA (NASDAQ:MLECW – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 2,660 shares, a growth of 1,125.8% from the May 14th total of 217 shares. Based on an average trading volume of 168,179 shares, the days-to-cover ratio is presently 0.0 days.
Moolec Science Stock Performance
MLECW traded down $0.00 during trading on Thursday, reaching $0.01. 8,218 shares of the stock traded hands, compared to its average volume of 641,552. The stock’s 50-day moving average is $0.02 and its 200 day moving average is $0.02. Moolec Science has a 12 month low of $0.00 and a 12 month high of $0.16.
About Moolec Science
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.
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