Moolec Science SA (NASDAQ:MLECW) Short Interest Update

Moolec Science SA (NASDAQ:MLECW) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 1,880 shares, a drop of 91.8% from the March 15th total of 22,929 shares. Based on an average daily trading volume, of 476,228 shares, the short-interest ratio is currently 0.0 days.

Moolec Science Stock Down 7.3%

NASDAQ:MLECW traded down $0.00 during mid-day trading on Friday, reaching $0.03. The company’s stock had a trading volume of 107,101 shares, compared to its average volume of 898,478. The company’s fifty day simple moving average is $0.03 and its two-hundred day simple moving average is $0.02. Moolec Science has a twelve month low of $0.00 and a twelve month high of $0.16.

Moolec Science Company Profile

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.