Carbios SAS (OTCMKTS:COOSF) Short Interest Down 78.2% in December

Carbios SAS (OTCMKTS:COOSF) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 347 shares, a decline of 78.2% from the November 30th total of 1,592 shares. Based on an average daily volume of 1,596 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 1,596 shares, the days-to-cover ratio is currently 0.2 days.

Carbios SAS Price Performance

Shares of OTCMKTS COOSF opened at $11.83 on Friday. The firm has a fifty day moving average price of $11.13 and a 200-day moving average price of $10.22. Carbios SAS has a 1 year low of $5.37 and a 1 year high of $17.50.

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.