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

Australian Oilseeds Holdings Limited (NASDAQ:COOTGet Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 1,150,994 shares, a growth of 604.2% from the August 15th total of 163,448 shares. Currently, 13.4% of the shares of the company are short sold. Based on an average daily volume of 9,473,587 shares, the short-interest ratio is presently 0.1 days.

Australian Oilseeds Price Performance

Shares of Australian Oilseeds stock traded up $0.01 during trading hours on Friday, hitting $0.48. The company’s stock had a trading volume of 50,865 shares, compared to its average volume of 5,426,544. The company has a market cap of $13.36 million, a PE ratio of -11.97 and a beta of 0.23. 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 business has a 50 day moving average price of $0.45 and a two-hundred day moving average price of $0.56. Australian Oilseeds has a 12-month low of $0.35 and a 12-month high of $4.50.

Australian Oilseeds (NASDAQ:COOTGet Free Report) last issued its earnings results on Monday, June 22nd. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $7.62 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Australian Oilseeds stock. Citadel Advisors LLC bought a new position in Australian Oilseeds Holdings Limited (NASDAQ:COOTFree Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 45,422 shares of the company’s stock, valued at approximately $26,000. Citadel Advisors LLC owned approximately 0.16% of Australian Oilseeds at the end of the most recent quarter. Institutional investors and hedge funds own 12.95% of the company’s stock.

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on COOT

Australian Oilseeds Company Profile

(Get Free Report)

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.

Further Reading

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