Carbios SAS (OTCMKTS:COOSF – Get Free Report) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 376 shares, a drop of 59.9% from the December 31st total of 937 shares. Based on an average trading volume of 386 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 386 shares, the short-interest ratio is currently 1.0 days.
Carbios SAS Trading Down 0.2%
Shares of Carbios SAS stock traded down $0.03 on Friday, reaching $12.00. 610 shares of the stock were exchanged, compared to its average volume of 401. Carbios SAS has a 1-year low of $5.37 and a 1-year high of $17.50. The business has a fifty day moving average price of $12.98 and a two-hundred day moving average price of $10.97.
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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