Carbios SAS (OTCMKTS:COOSF – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 485 shares, an increase of 1,840.0% from the September 30th total of 25 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Carbios SAS Stock Performance
OTCMKTS COOSF remained flat at $6.25 during mid-day trading on Monday. Carbios SAS has a one year low of $6.15 and a one year high of $17.50. The firm’s 50 day simple moving average is $6.51 and its 200-day simple moving average is $7.53.
Carbios SAS Company Profile
Carbios SAS is a France-based biotechnology company that develops biological technologies for the recycling and biodegradation of plastics and textiles. Its platform uses specially engineered enzymes to break down polymer waste into its original chemical building blocks, which can then be used to manufacture new materials.
The company’s primary focus is enzymatic recycling of polyethylene terephthalate (PET), a plastic widely used in beverage bottles, food packaging and polyester textiles.
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