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

Carbios SAS (OTCMKTS:COOSFGet Free Report) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 2,235 shares, a growth of 310.8% from the April 30th total of 544 shares. Based on an average trading volume of 493 shares, the short-interest ratio is currently 4.5 days.

Carbios SAS Stock Performance

COOSF stock opened at $9.43 on Friday. Carbios SAS has a one year low of $7.20 and a one year high of $17.50. The company has a fifty day moving average of $9.22 and a 200-day moving average of $10.98.

Carbios SAS Company Profile

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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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