Moolec Science SA (NASDAQ:MLECW) Sees Large Growth in Short Interest

Moolec Science SA (NASDAQ:MLECW) saw a significant increase in short interest in October. As of October 30th, there was short interest totaling 794 shares, an increase of 305.1% from the October 15th total of 196 shares. Based on an average trading volume of 56,658 shares, the days-to-cover ratio is currently 0.0 days.

Moolec Science Price Performance

Shares of MLECW stock opened at $0.01 on Thursday. The stock has a fifty day moving average of $0.01 and a 200 day moving average of $0.02. Moolec Science has a 52 week low of $0.00 and a 52 week high of $0.16.

About Moolec Science

Moolec Science is an agricultural biotechnology company developing ingredients for the food industry through molecular farming, a process that uses genetically engineered plants to produce targeted proteins. Its approach is intended to combine the functionality of animal-derived proteins with plant-based production. The company’s research and development has included soybeans engineered to produce animal proteins. Moolec aims to use these ingredients in alternative-protein products and other food applications, with the goal of improving their taste, texture and nutritional qualities.