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

Moolec Science SA (NASDAQ:MLECW – Get Free Report) saw a significant increase in short interest in the month of 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 daily volume of 56,658 shares, the short-interest ratio is currently 0.0 days.

Moolec Science Price Performance

NASDAQ MLECW opened at $0.01 on Thursday. Moolec Science has a 1 year low of $0.00 and a 1 year high of $0.16. The business’s 50-day moving average is $0.01 and its 200 day moving average is $0.02.

Moolec Science Company Profile

(Get Free Report)

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.

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