Moolec Science SA (NASDAQ:MLECW) Short Interest Up 1,395.7% in July

Moolec Science SA (NASDAQ:MLECW) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 8,645 shares, an increase of 1,395.7% from the July 15th total of 578 shares. Based on an average daily trading volume, of 49,636 shares, the days-to-cover ratio is currently 0.2 days.

Moolec Science Stock Performance

Shares of NASDAQ:MLECW opened at $0.02 on Thursday. The company has a fifty day simple moving average of $0.02 and a 200 day simple moving average of $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.