Moolec Science SA (NASDAQ:MLECW) Sees Significant Growth in Short Interest
by Michael Walen · The Markets DailyMoolec Science SA (NASDAQ:MLECW – Get Free Report) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 578 shares, an increase of 348.1% from the June 30th total of 129 shares. Based on an average daily trading volume, of 9,348 shares, the days-to-cover ratio is presently 0.1 days.
Moolec Science Stock Down 4.8%
Shares of MLECW traded down $0.00 during mid-day trading on Monday, hitting $0.02. The company’s stock had a trading volume of 40,347 shares, compared to its average volume of 522,375. The stock’s 50-day moving average is $0.02 and its two-hundred day moving average is $0.02. Moolec Science has a one year low of $0.00 and a one year 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.