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

Australian Oilseeds Holdings Limited (NASDAQ:COOT) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 542,567 shares, a decrease of 52.9% from the August 31st total of 1,150,994 shares. Currently, 6.3% of the company’s shares are short sold. Based on an average daily volume of 328,440 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Trading of Australian Oilseeds

A hedge fund recently bought a new position in Australian Oilseeds stock. Citadel Advisors LLC bought a new position in shares of Australian Oilseeds Holdings Limited (NASDAQ:COOT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 45,422 shares of the company’s stock, valued at approximately $26,000. Citadel Advisors LLC owned approximately 0.16% of Australian Oilseeds as of its most recent SEC filing. Institutional investors own 12.95% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Australian Oilseeds in a research report on Monday, September 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Australian Oilseeds Trading Down 6.9%

Shares of NASDAQ:COOT traded down $0.03 during midday trading on Wednesday, reaching $0.44. The company’s stock had a trading volume of 60,648 shares, compared to its average volume of 803,047. Australian Oilseeds has a fifty-two week low of $0.35 and a fifty-two week high of $4.50. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.35 and a current ratio of 0.59. The firm has a 50 day moving average price of $0.45 and a two-hundred day moving average price of $0.54. The firm has a market capitalization of $12.29 million, a price-to-earnings ratio of -11.01 and a beta of 0.23.

About Australian Oilseeds

Australian Oilseeds Holdings Limited (NASDAQ: COOT) is an Australian agricultural and food-processing company focused on oilseed products. The company processes oilseeds into edible oils and protein-rich meal used in food manufacturing, animal feed and related commercial applications.

Its activities include sourcing and handling oilseeds, operating processing facilities, and marketing finished oil and meal products. The company’s business is primarily centered on the Australian market and supply chain, although its products may serve domestic and international customers.

Australian Oilseeds Holdings Limited is structured as a holding company with operating activities conducted through its Australian subsidiaries.