Carbios SAS (OTCMKTS:COOSF – Get Free Report) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 50 shares, a decline of 94.4% from the June 30th total of 900 shares. Based on an average daily trading volume, of 490 shares, the short-interest ratio is currently 0.1 days.
Carbios SAS Price Performance
Shares of COOSF opened at $7.11 on Friday. The firm’s fifty day simple moving average is $7.69 and its two-hundred day simple moving average is $9.58. Carbios SAS has a 12 month low of $6.15 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.
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