Carbios SAS (OTCMKTS:COOSF – Get Free Report) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 624 shares, an increase of 1,148.0% from the July 30th total of 50 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
Carbios SAS Stock Performance
COOSF remained flat at $7.00 on Tuesday. 5 shares of the company traded hands, compared to its average volume of 1,009. The stock’s 50 day simple moving average is $6.99 and its 200 day simple moving average is $8.72. Carbios SAS has a 52 week low of $6.15 and a 52 week high of $17.50.
About Carbios SAS
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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