Moolec Science SA (NASDAQ:MLECW) Short Interest Up 1,395.7% in July

Moolec Science SA (NASDAQ:MLECW) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 8,645 shares, a growth of 1,395.7% from the July 15th total of 578 shares. Based on an average daily trading volume, of 49,636 shares, the days-to-cover ratio is currently 0.2 days.

Moolec Science Stock Performance

NASDAQ:MLECW remained flat at $0.02 during mid-day trading on Tuesday. The company’s stock had a trading volume of 7,227 shares, compared to its average volume of 488,758. The firm’s 50-day simple moving average is $0.02 and its two-hundred day simple moving average is $0.02. Moolec Science has a fifty-two week low of $0.00 and a fifty-two week high of $0.16.

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.