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

Carbios SAS (OTCMKTS:COOSF) saw a significant decrease in short interest during the month of April. As of April 15th, there was short interest totaling 1,450 shares, a decrease of 81.3% from the March 31st total of 7,741 shares. Based on an average daily volume of 111 shares, the short-interest ratio is presently 13.1 days.

Carbios SAS Price Performance

Shares of COOSF stock remained flat at $9.72 during trading on Friday. Carbios SAS has a one year low of $7.20 and a one year high of $17.50. The business’s 50 day moving average is $9.92 and its 200 day moving average is $10.98.

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.