Carbios SAS (OTCMKTS:COOSF – Get Free Report) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 50 shares, a decline of 94.4% from the June 30th total of 900 shares. Based on an average daily trading volume, of 490 shares, the short-interest ratio is currently 0.1 days.
Carbios SAS Stock Performance
Shares of COOSF stock remained flat at $7.11 during trading on Friday. The company had a trading volume of 100 shares, compared to its average volume of 1,023. Carbios SAS has a fifty-two week low of $6.15 and a fifty-two week high of $17.50. The stock’s 50 day simple moving average is $7.72 and its 200-day simple moving average is $9.60.
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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