Carbios SAS (OTCMKTS:COOSF – Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,235 shares, an increase of 310.8% from the April 30th total of 544 shares. Based on an average daily trading volume, of 493 shares, the short-interest ratio is currently 4.5 days.
Carbios SAS Stock Performance
Shares of OTCMKTS COOSF opened at $9.43 on Friday. The business’s 50 day moving average price is $9.22 and its 200 day moving average price is $10.98. Carbios SAS has a 52 week low of $7.20 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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