Moolec Science SA (NASDAQ:MLEC – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 2,933 shares, a drop of 35.0% from the July 30th total of 4,512 shares. Based on an average trading volume of 2,784 shares, the short-interest ratio is currently 1.1 days. Approximately 0.5% of the company’s shares are short sold.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised Moolec Science from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th.
Check Out Our Latest Analysis on Moolec Science
Moolec Science Stock Up 1.5%
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Moolec Science stock. Citadel Advisors LLC bought a new stake in Moolec Science SA (NASDAQ:MLEC – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 36,218 shares of the company’s stock, valued at approximately $36,000. Citadel Advisors LLC owned 0.90% of Moolec Science at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.07% of the company’s stock.
About Moolec Science
Moolec Science SA, a science-based food ingredient company, focuses on developing real animal proteins in plants using molecular farming. It offers Chymosin SPC, a dairy ingredient; GLA SONOVA, a nutritional oil; POORK+, a plant-based, animal meat free ingredient with porcine proteins in soybeans; and BEEF+, a meat replacement product. It operates in the United States, Europe, and South America. The company was founded in 2020 and is based in Luxembourg.
Recommended Stories
- Five stocks we like better than Moolec Science
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Receive News & Ratings for Moolec Science Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moolec Science and related companies with MarketBeat.com's FREE daily email newsletter.
