Short Interest in Carbios SAS (OTCMKTS:COOSF) Drops By 72.1%

Carbios SAS (OTCMKTS:COOSF) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 105 shares, a decline of 72.1% from the January 15th total of 376 shares. Based on an average trading volume of 259 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 259 shares, the days-to-cover ratio is presently 0.4 days.

Carbios SAS Stock Performance

Shares of COOSF stock remained flat at $12.39 during trading hours on Friday. The company’s 50-day moving average price is $13.19 and its two-hundred day moving average price is $11.18. Carbios SAS has a 12-month low of $5.37 and a 12-month high of $17.50.

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.