Carbios SAS (OTCMKTS:COOSF) Sees Significant Decline in Short Interest

Carbios SAS (OTCMKTS:COOSF) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 1,100 shares, a decline of 81.0% from the October 31st total of 5,800 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is presently 0.7 days.

Carbios SAS Stock Performance

OTCMKTS COOSF traded down $0.76 during trading hours on Friday, reaching $6.13. The company’s stock had a trading volume of 3,375 shares, compared to its average volume of 779. The company’s 50-day moving average is $11.94 and its two-hundred day moving average is $19.35. Carbios SAS has a 1-year low of $6.13 and a 1-year high of $31.00.

Carbios SAS Company Profile

Carbios SAS, a green chemistry company, researches and develops industrial bioprocesses for the biodegradation and bio recycling of polymers. The company engages in the production of EVANESTO, an enzymatic additive for plastic applications and polylactic acid (PLA) packaging; and enzymatic recycling of polyethylene terephthalate (PET).