Short Interest in Moolec Science SA (NASDAQ:MLEC) Declines By 37.2%

Moolec Science SA (NASDAQ:MLECGet Free Report) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 36,041 shares, a decline of 37.2% from the November 30th total of 57,349 shares. Based on an average trading volume of 154,088 shares, the days-to-cover ratio is presently 0.2 days. Approximately 1.1% of the shares of the company are short sold. Approximately 1.1% of the shares of the company are short sold. Based on an average trading volume of 154,088 shares, the days-to-cover ratio is presently 0.2 days.

Moolec Science Stock Up 4.9%

Moolec Science stock traded up $0.01 during mid-day trading on Tuesday, reaching $0.27. The company had a trading volume of 4,549,085 shares, compared to its average volume of 221,644. Moolec Science has a 52 week low of $0.21 and a 52 week high of $10.47. The company has a 50 day moving average of $0.48 and a 200-day moving average of $2.07. The firm has a market cap of $1.07 million, a price-to-earnings ratio of -0.12 and a beta of -0.51.

Institutional Investors Weigh In On Moolec Science

An institutional investor recently bought a new position in Moolec Science stock. Citadel Advisors LLC purchased a new stake in shares of Moolec Science SA (NASDAQ:MLECFree Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 36,218 shares of the company’s stock, valued at approximately $36,000. Citadel Advisors LLC owned 0.90% of Moolec Science as of its most recent SEC filing. Institutional investors own 0.07% of the company’s stock.

About Moolec Science

(Get Free Report)

Moolec Science SA, a science-based food ingredient company, focuses on developing real animal proteins in plants using molecular farming. It offers Chymosin SPC, a dairy ingredient; GLA SONOVA, a nutritional oil; POORK+, a plant-based, animal meat free ingredient with porcine proteins in soybeans; and BEEF+, a meat replacement product. It operates in the United States, Europe, and South America. The company was founded in 2020 and is based in Luxembourg.

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