Moolec Science SA (NASDAQ:MLECW) Short Interest Down 64.0% in February

Moolec Science SA (NASDAQ:MLECW) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 11,029 shares, a drop of 64.0% from the February 12th total of 30,636 shares. Based on an average trading volume of 2,446,965 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 2,446,965 shares, the short-interest ratio is currently 0.0 days.

Moolec Science Stock Performance

Shares of MLECW stock opened at $0.03 on Wednesday. Moolec Science has a 1 year low of $0.00 and a 1 year high of $0.16. The stock’s 50 day simple moving average is $0.02 and its two-hundred day simple moving average is $0.01.

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.