Short Interest in Moolec Science SA (NASDAQ:MLECW) Increases By 348.1%

Moolec Science SA (NASDAQ:MLECW) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 578 shares, an increase of 348.1% from the June 30th total of 129 shares. Based on an average daily volume of 9,348 shares, the days-to-cover ratio is presently 0.1 days.

Moolec Science Price Performance

Shares of MLECW opened at $0.02 on Friday. The company’s 50-day moving average is $0.02 and its 200-day moving average is $0.02. Moolec Science has a fifty-two week low of $0.00 and a fifty-two week high of $0.16.

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.