Carbios SAS (OTCMKTS:COOSF – Get Free Report) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 237 shares, a decrease of 62.0% from the August 15th total of 624 shares. Based on an average trading volume of 79 shares, the short-interest ratio is presently 3.0 days.
Carbios SAS Price Performance
COOSF stock traded down $0.09 during midday trading on Friday, hitting $6.41. 256 shares of the company’s stock were exchanged, compared to its average volume of 1,059. Carbios SAS has a 1-year low of $6.15 and a 1-year high of $17.50. The business has a 50-day simple moving average of $6.87 and a two-hundred day simple moving average of $8.26.
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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