Australian Oilseeds Holdings Limited (NASDAQ:COOT) Short Interest Update

Australian Oilseeds Holdings Limited (NASDAQ:COOT) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 108,561 shares, a decline of 33.8% from the April 15th total of 163,981 shares. Based on an average trading volume of 126,066 shares, the short-interest ratio is presently 0.9 days. Approximately 1.3% of the shares of the stock are short sold.

Australian Oilseeds Price Performance

Shares of Australian Oilseeds stock opened at $0.59 on Tuesday. The firm has a market cap of $16.46 million, a P/E ratio of -14.75 and a beta of 0.12. The firm has a 50 day simple moving average of $0.62 and a 200 day simple moving average of $0.74. Australian Oilseeds has a fifty-two week low of $0.41 and a fifty-two week high of $4.50.

Institutional Trading of Australian Oilseeds

A hedge fund recently bought a new stake in Australian Oilseeds stock. Yakira Capital Management Inc. purchased a new stake in Australian Oilseeds Holdings Limited (NASDAQ:COOT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 58,105 shares of the company’s stock, valued at approximately $30,000. Yakira Capital Management Inc. owned approximately 0.21% of Australian Oilseeds at the end of the most recent reporting period. 12.95% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Australian Oilseeds in a research note on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Australian Oilseeds currently has a consensus 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.