Carbios SAS (OTCMKTS:COOSF) Short Interest Down 62.0% in August

Carbios SAS (OTCMKTS:COOSF) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 237 shares, a decline of 62.0% from the August 15th total of 624 shares. Based on an average daily volume of 79 shares, the short-interest ratio is presently 3.0 days.

Carbios SAS Price Performance

COOSF stock opened at $6.41 on Monday. The company’s fifty day moving average price is $6.87 and its 200-day moving average price is $8.24. Carbios SAS has a one year low of $6.15 and a one year high of $17.50.

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.