Carbios SAS (OTCMKTS:COOSF) Sees Large Drop in Short Interest

Carbios SAS (OTCMKTS:COOSFGet Free Report) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 347 shares, a decrease of 78.2% from the November 30th total of 1,592 shares. Based on an average daily trading volume, of 1,596 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 1,596 shares, the short-interest ratio is currently 0.2 days.

Carbios SAS Price Performance

Carbios SAS stock opened at $11.83 on Thursday. The stock’s 50 day moving average is $11.08 and its 200 day moving average is $10.21. Carbios SAS has a one year low of $5.37 and a one year high of $17.50.

About Carbios SAS

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Carbios SAS is a France‐based biotechnology company specializing in the development of enzymatic processes to recycle and biodegrade PET plastics and polyester textiles. Founded in 2011 and headquartered in Clermont-Ferrand, Carbios has pioneered industrial enzymes capable of depolymerizing post‐consumer PET into its original monomers. These monomers can then be purified and repolymerized into virgin‐quality PET, offering a circular solution to plastic waste.

The company’s core technology relies on proprietary engineered hydrolase enzymes that accelerate the breakdown of polyethylene terephthalate under mild conditions.

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