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

Australian Oilseeds Holdings Limited (NASDAQ:COOT) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 110,632 shares, a decline of 39.1% from the December 15th total of 181,647 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average daily volume of 106,501 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 106,501 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.3% of the company’s stock are short sold.

Australian Oilseeds Stock Performance

Shares of COOT traded up $0.01 during midday trading on Friday, reaching $0.82. 114,292 shares of the stock were exchanged, compared to its average volume of 310,293. Australian Oilseeds has a twelve month low of $0.45 and a twelve month high of $4.50. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.54 and a quick ratio of 0.33. The company has a market capitalization of $22.88 million, a price-to-earnings ratio of -20.50 and a beta of 0.06. The business’s 50-day moving average price is $0.81 and its 200 day moving average price is $0.80.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Australian Oilseeds in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock 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.