Australian Oilseeds Holdings Limited (NASDAQ:COOT) Short Interest Update

Australian Oilseeds Holdings Limited (NASDAQ:COOT) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 265,474 shares, an increase of 1,117.2% from the February 26th total of 21,811 shares. Based on an average daily volume of 1,910,335 shares, the short-interest ratio is presently 0.1 days. Approximately 3.1% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Australian Oilseeds in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Australian Oilseeds presently has a consensus rating of “Sell”.

Australian Oilseeds Trading Up 2.6%

NASDAQ:COOT opened at $0.56 on Thursday. The company has a 50 day simple moving average of $0.66 and a two-hundred day simple moving average of $0.83. The company has a market cap of $15.62 million, a PE ratio of -14.00 and a beta of 0.08. The company has a current ratio of 0.54, a quick ratio of 0.33 and a debt-to-equity ratio of 0.30. Australian Oilseeds has a 12 month low of $0.41 and a 12 month high of $4.50.

Hedge Funds Weigh In On Australian Oilseeds

An institutional investor recently bought a new position in Australian Oilseeds stock. Yakira Capital Management Inc. purchased a new stake in shares of Australian Oilseeds Holdings Limited (NASDAQ:COOT) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 58,105 shares of the company’s stock, valued at approximately $30,000. Yakira Capital Management Inc. owned 0.21% of Australian Oilseeds as of its most recent filing with the SEC. Institutional investors and hedge funds own 12.95% of the company’s stock.

About Australian Oilseeds

Australian Oilseeds Limited (Nasdaq: COOT) is an Australia-based plant-based ingredients company specializing in the cultivation, processing and distribution of functional food seeds. The company’s core product lines include organic and non-GMO chia, hemp, quinoa and buckwheat seeds, as well as derived powders, oils and protein concentrates. Operating from its processing facility in New South Wales, Australian Oilseeds oversees its supply chain from local farmer partnerships through to finished ingredients for food manufacturers and health-oriented brands.

Product applications span the nutritional supplement, functional food and plant-based protein markets, with clients in Australia, North America, Europe and Asia.