Australian Oilseeds Holdings Limited (NASDAQ:COOT) Short Interest Up 118.4% in July

Australian Oilseeds Holdings Limited (NASDAQ:COOT – Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 136,664 shares, a growth of 118.4% from the July 15th total of 62,563 shares. Based on an average trading volume of 264,619 shares, the days-to-cover ratio is presently 0.5 days. Currently, 1.6% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Australian Oilseeds in a report on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Australian Oilseeds currently has a consensus rating of “Sell”.

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Australian Oilseeds Stock Down 7.5%

Australian Oilseeds stock traded down $0.03 on Friday, hitting $0.43. 5,256 shares of the stock traded hands, compared to its average volume of 174,983. The business’s fifty day simple moving average is $0.50 and its 200 day simple moving average is $0.58. The firm has a market cap of $12.00 million, a P/E ratio of -10.75 and a beta of 0.15. The company has a current ratio of 0.59, a quick ratio of 0.35 and a debt-to-equity ratio of 1.14. Australian Oilseeds has a 1 year low of $0.35 and a 1 year high of $4.50.

Australian Oilseeds (NASDAQ:COOT – Get Free Report) last announced its earnings results on Monday, June 22nd. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $7.62 million for the quarter.

Institutional Trading of Australian Oilseeds

A hedge fund recently bought a new position in Australian Oilseeds stock. Yakira Capital Management Inc. bought a new position in Australian Oilseeds Holdings Limited (NASDAQ:COOT – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 58,105 shares of the company’s stock, valued at approximately $30,000. Yakira Capital Management Inc. owned approximately 0.21% of Australian Oilseeds as of its most recent filing with the Securities and Exchange Commission (SEC). 12.95% of the stock is owned by institutional investors.

About Australian Oilseeds

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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.

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