Moolec Science SA (NASDAQ:MLECW) Short Interest Up 1,395.7% in July

Moolec Science SA (NASDAQ:MLECW) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 8,645 shares, a growth of 1,395.7% from the July 15th total of 578 shares. Based on an average trading volume of 49,636 shares, the days-to-cover ratio is presently 0.2 days.

Moolec Science Price Performance

Shares of NASDAQ:MLECW remained flat at $0.02 on Tuesday. The stock had a trading volume of 7,227 shares, compared to its average volume of 488,758. Moolec Science has a 1 year low of $0.00 and a 1 year high of $0.16. The business has a 50 day moving average price of $0.02 and a 200 day moving average price of $0.02.

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.