Moolec Science SA (NASDAQ:MLECW – Get Free Report) saw a significant increase in short interest during 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 trading volume of 107,286 shares, the days-to-cover ratio is presently 0.1 days.
Moolec Science Price Performance
MLECW opened at $0.02 on Monday. Moolec Science has a 52 week low of $0.00 and a 52 week high of $0.16. The business’s fifty day simple moving average is $0.02 and its 200 day simple moving average is $0.02.
About Moolec Science
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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