Short Interest in Australian Oilseeds Holdings Limited (NASDAQ:COOT) Decreases By 39.1%

Australian Oilseeds Holdings Limited (NASDAQ:COOT) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 110,632 shares, a drop of 39.1% from the December 15th total of 181,647 shares. Based on an average daily trading volume, of 106,501 shares, the short-interest ratio is presently 1.0 days. Currently, 1.3% of the company’s stock are short sold. Currently, 1.3% of the company’s stock are short sold. Based on an average daily trading volume, of 106,501 shares, the short-interest ratio is presently 1.0 days.

Australian Oilseeds Stock Performance

Shares of COOT opened at $0.82 on Friday. The company has a market capitalization of $22.88 million, a PE ratio of -20.50 and a beta of 0.06. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.54 and a quick ratio of 0.33. Australian Oilseeds has a one year low of $0.45 and a one year high of $4.50. The company’s fifty day moving average price is $0.81 and its 200 day moving average price is $0.80.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Australian Oilseeds in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

About Australian Oilseeds

Australian Oilseeds Limited (Nasdaq: COOT) is an Australia-based plant-based ingredients company specializing in the cultivation, processing and distribution of functional food seeds. The company’s core product lines include organic and non-GMO chia, hemp, quinoa and buckwheat seeds, as well as derived powders, oils and protein concentrates. Operating from its processing facility in New South Wales, Australian Oilseeds oversees its supply chain from local farmer partnerships through to finished ingredients for food manufacturers and health-oriented brands.

Product applications span the nutritional supplement, functional food and plant-based protein markets, with clients in Australia, North America, Europe and Asia.