Short Interest in Carbios SAS (OTCMKTS:COOSF) Declines By 62.5%

Carbios SAS (OTCMKTS:COOSF) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 544 shares, a decline of 62.5% from the April 15th total of 1,450 shares. Based on an average daily trading volume, of 270 shares, the days-to-cover ratio is currently 2.0 days.

Carbios SAS Price Performance

OTCMKTS:COOSF remained flat at $8.59 on Friday. 2,000 shares of the company’s stock traded hands, compared to its average volume of 744. The business has a 50 day simple moving average of $9.37 and a 200-day simple moving average of $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.