Moolec Science SA (NASDAQ:MLECW – Get Free Report) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 2,660 shares, an increase of 1,125.8% from the May 14th total of 217 shares. Based on an average trading volume of 168,179 shares, the days-to-cover ratio is currently 0.0 days.
Moolec Science Stock Down 6.0%
Shares of MLECW stock traded down $0.00 on Wednesday, reaching $0.02. The company had a trading volume of 91,470 shares, compared to its average volume of 647,312. The business’s 50-day moving average is $0.02 and its 200 day moving average is $0.02. Moolec Science has a one year low of $0.00 and a one year 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.
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