Moolec Science SA (NASDAQ:MLECW – Get Free Report) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 8,479 shares, a growth of 56.1% from the September 15th total of 5,431 shares. Based on an average daily volume of 16,344 shares, the short-interest ratio is currently 0.5 days.
Moolec Science Stock Down 14.5%
NASDAQ:MLECW traded down $0.00 during trading hours on Friday, hitting $0.01. 10,608 shares of the company were exchanged, compared to its average volume of 402,612. Moolec Science has a 52-week low of $0.00 and a 52-week high of $0.16. The company’s 50 day moving average price is $0.01 and its 200-day moving average price is $0.02.
Moolec Science Company Profile
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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