Carbios SAS (OTCMKTS:COOSF – Get Free Report) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 624 shares, a growth of 1,148.0% from the July 30th total of 50 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Carbios SAS Stock Performance
Shares of Carbios SAS stock opened at $7.00 on Wednesday. Carbios SAS has a 12 month low of $6.15 and a 12 month high of $17.50. The business’s 50-day moving average price is $6.99 and its 200-day moving average price is $8.72.
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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