Australian Oilseeds Holdings Limited (NASDAQ:COOT) Sees Significant Drop in Short Interest

Australian Oilseeds Holdings Limited (NASDAQ:COOT) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 29,500 shares, a drop of 42.6% from the February 28th total of 51,400 shares. Based on an average daily volume of 23,200 shares, the short-interest ratio is presently 1.3 days. Approximately 0.7% of the company’s shares are sold short.

Australian Oilseeds Price Performance

Shares of NASDAQ COOT opened at $1.28 on Monday. The company has a debt-to-equity ratio of 21.67, a current ratio of 0.52 and a quick ratio of 0.28. Australian Oilseeds has a twelve month low of $0.61 and a twelve month high of $1.75. The company’s fifty day moving average is $1.31 and its 200-day moving average is $1.08.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Australian Oilseeds stock. Clear Street Derivatives LLC acquired a new stake in shares of Australian Oilseeds Holdings Limited (NASDAQ:COOT) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 44,405 shares of the company’s stock, valued at approximately $39,000. Australian Oilseeds makes up 0.0% of Clear Street Derivatives LLC’s investment portfolio, making the stock its 24th largest position. Clear Street Derivatives LLC owned approximately 0.19% of Australian Oilseeds at the end of the most recent quarter. Institutional investors and hedge funds own 12.95% of the company’s stock.

About Australian Oilseeds

Australian Oilseeds Holdings Ltd. engages in the manufacture and sale oil seeds through its subsidiaries. It focuses on acquiring, engaging in a share exchange, share reconstruction, and amalgamation with, purchasing all or substantially all the assets of, entering contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities.