Moolec Science SA (NASDAQ:MLECW) Short Interest Down 98.9% in June

Moolec Science SA (NASDAQ:MLECW) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 129 shares, a decrease of 98.9% from the June 15th total of 12,167 shares. Based on an average daily volume of 32,376 shares, the days-to-cover ratio is presently 0.0 days.

Moolec Science Price Performance

MLECW stock traded up $0.00 during midday trading on Friday, hitting $0.02. 15,077 shares of the company’s stock were exchanged, compared to its average volume of 560,220. Moolec Science has a 1-year low of $0.00 and a 1-year high of $0.16. The business has a 50-day simple moving average of $0.02 and a two-hundred day simple moving average of $0.02.

About Moolec Science

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.