Moolec Science SA (NASDAQ:MLECW) Short Interest Up 40.0% in January
by Doug Wharley · The Cerbat GemMoolec Science SA (NASDAQ:MLECW – Get Free Report) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 18,390 shares, an increase of 40.0% from the December 31st total of 13,137 shares. Based on an average daily volume of 812,977 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 812,977 shares, the days-to-cover ratio is presently 0.0 days.
Moolec Science Trading Down 3.3%
Shares of Moolec Science stock traded down $0.00 during midday trading on Friday, hitting $0.01. The company had a trading volume of 84,032 shares, compared to its average volume of 573,047. The business’s 50 day simple moving average is $0.01 and its two-hundred day simple moving average is $0.01. Moolec Science has a 1-year low of $0.00 and a 1-year high of $0.05.
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.