Carbios SAS (OTCMKTS:COOSF – Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 624 shares, an increase of 1,148.0% from the July 30th total of 50 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.
Carbios SAS Price Performance
OTCMKTS:COOSF remained flat at $7.00 during trading hours on Tuesday. The company’s stock had a trading volume of 5 shares, compared to its average volume of 1,009. The stock has a 50-day moving average of $6.99 and a 200 day moving average of $8.72. Carbios SAS has a twelve month low of $6.15 and a twelve 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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