Moolec Science SA (NASDAQ:MLECW) Sees Significant Growth in Short Interest
by Renee Jackson · The Cerbat GemMoolec Science SA (NASDAQ:MLECW – Get Free Report) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 12,167 shares, a growth of 357.4% from the May 31st total of 2,660 shares. Based on an average daily volume of 107,286 shares, the short-interest ratio is currently 0.1 days.
Moolec Science Stock Down 0.6%
Shares of NASDAQ:MLECW traded down $0.00 during trading on Friday, hitting $0.02. 18,659 shares of the company were exchanged, compared to its average volume of 591,423. The firm’s 50 day moving average price is $0.02 and its 200-day moving average price is $0.02. Moolec Science has a 12-month low of $0.00 and a 12-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.