Moolec Science SA (NASDAQ:MLEC) Short Interest Down 47.2% in August

Moolec Science SA (NASDAQ:MLEC – Get Free Report) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 1,549 shares, a drop of 47.2% from the August 15th total of 2,933 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 16,208 shares, the short-interest ratio is currently 0.1 days.

Moolec Science Price Performance

NASDAQ MLEC traded down $0.53 during trading hours on Wednesday, hitting $6.10. 17,367 shares of the company’s stock traded hands, compared to its average volume of 21,512. Moolec Science has a 52-week low of $3.08 and a 52-week high of $23.22. The company has a market capitalization of $4.45 million, a PE ratio of -0.18 and a beta of 0.26. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.15 and a quick ratio of 0.08. The firm’s 50-day moving average is $7.07 and its 200-day moving average is $7.80.

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About Moolec Science

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Moolec Science SA, a science-based food ingredient company, focuses on developing real animal proteins in plants using molecular farming. It offers Chymosin SPC, a dairy ingredient; GLA SONOVA, a nutritional oil; POORK+, a plant-based, animal meat free ingredient with porcine proteins in soybeans; and BEEF+, a meat replacement product. It operates in the United States, Europe, and South America. The company was founded in 2020 and is based in Luxembourg.

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