Moolec Science SA (NASDAQ:MLECW – Get Free Report) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 196 shares, a decrease of 97.7% from the September 30th total of 8,479 shares. Based on an average daily volume of 22,100 shares, the days-to-cover ratio is currently 0.0 days.
Moolec Science Trading Down 9.0%
Shares of MLECW stock traded down $0.00 during trading on Wednesday, reaching $0.01. The company’s stock had a trading volume of 37,644 shares, compared to its average volume of 392,555. Moolec Science has a 1-year low of $0.00 and a 1-year high of $0.16. The stock’s 50-day moving average price is $0.01 and its 200 day moving average price is $0.02.
About Moolec Science
Moolec Science SA is an agricultural biotechnology company developing “molecular farming” technologies, which use genetically engineered plants to produce targeted proteins and other ingredients. The company focuses on applying biotechnology to improve the efficiency, functionality and sustainability of food and agricultural products.
Moolec’s development programs include plant-based protein platforms designed to produce animal proteins in crops such as soybeans. Its best-known program, Piggy Sooy, uses genetically modified soybeans to produce pork proteins within the soybean seed.
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