Carbios SAS (OTCMKTS:COOSF – Get Free Report) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 347 shares, a decline of 78.2% from the November 30th total of 1,592 shares. Based on an average trading volume of 1,596 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 1,596 shares, the short-interest ratio is presently 0.2 days.
Carbios SAS Stock Performance
Carbios SAS stock opened at $11.83 on Thursday. The stock has a 50-day moving average price of $11.08 and a two-hundred day moving average price of $10.21. Carbios SAS has a 12 month low of $5.37 and a 12 month 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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