Carbios SAS (OTCMKTS:COOSF – Get Free Report) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 50 shares, a decrease of 94.4% from the June 30th total of 900 shares. Based on an average trading volume of 490 shares, the days-to-cover ratio is presently 0.1 days.
Carbios SAS Price Performance
COOSF stock remained flat at $7.11 during mid-day trading on Friday. Carbios SAS has a twelve month low of $6.15 and a twelve month high of $17.50. The company has a fifty day simple moving average of $7.69 and a 200 day simple moving average of $9.58.
Carbios SAS Company Profile
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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