Moolec Science SA (NASDAQ:MLECW – Get Free Report) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 12,167 shares, an increase of 357.4% from the May 31st total of 2,660 shares. Based on an average daily volume of 107,286 shares, the days-to-cover ratio is currently 0.1 days.
Moolec Science Stock Performance
Shares of MLECW traded down $0.00 during midday trading on Friday, hitting $0.02. The company had a trading volume of 18,659 shares, compared to its average volume of 591,423. The company’s 50-day simple moving average is $0.02 and its 200-day simple moving average is $0.02. Moolec Science has a 1 year low of $0.00 and a 1 year high of $0.16.
Moolec Science Company Profile
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.
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