Australian Oilseeds Holdings Limited (NASDAQ:COOT) Short Interest Down 35.2% in January

Australian Oilseeds Holdings Limited (NASDAQ:COOT) was the recipient of a large decline in short interest in January. As of January 30th, there was short interest totaling 84,740 shares, a decline of 35.2% from the January 15th total of 130,754 shares. Based on an average daily volume of 67,852 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.0% of the company’s stock are short sold. Currently, 1.0% of the company’s stock are short sold. Based on an average daily volume of 67,852 shares, the days-to-cover ratio is presently 1.2 days.

Australian Oilseeds Price Performance

Shares of COOT opened at $0.60 on Friday. Australian Oilseeds has a twelve month low of $0.45 and a twelve month high of $4.50. The company has a market capitalization of $16.77 million, a P/E ratio of -15.03 and a beta of 0.07. The firm has a 50 day moving average of $0.70 and a 200 day moving average of $0.81. The company has a quick ratio of 0.33, a current ratio of 0.54 and a debt-to-equity ratio of 0.30.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Australian Oilseeds in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average 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.