Carbios SAS (OTCMKTS:COOSF) Sees Significant Decline in Short Interest

Carbios SAS (OTCMKTS:COOSF) was the target of a significant decline in short interest in January. As of January 30th, there was short interest totaling 105 shares, a decline of 72.1% from the January 15th total of 376 shares. Based on an average daily trading volume, of 259 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 259 shares, the days-to-cover ratio is currently 0.4 days.

Carbios SAS Price Performance

Shares of OTCMKTS:COOSF opened at $12.39 on Thursday. Carbios SAS has a fifty-two week low of $5.37 and a fifty-two week high of $17.50. The firm’s 50 day moving average price is $13.19 and its 200 day moving average price is $11.17.

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.