Carbios SAS (OTCMKTS:COOSF) Sees Large Increase in Short Interest

Carbios SAS (OTCMKTS:COOSF) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 937 shares, a growth of 170.0% from the December 15th total of 347 shares. Based on an average daily trading volume, of 1,928 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 1,928 shares, the short-interest ratio is currently 0.5 days.

Carbios SAS Stock Performance

Shares of OTCMKTS COOSF opened at $13.35 on Friday. Carbios SAS has a one year low of $5.37 and a one year high of $17.50. The business has a 50-day moving average price of $12.43 and a two-hundred day moving average price of $10.67.

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.