Carbios SAS (OTCMKTS:COOSF) Short Interest Down 59.9% in January

Carbios SAS (OTCMKTS:COOSF) saw a large decrease in short interest in January. As of January 15th, there was short interest totaling 376 shares, a decrease of 59.9% from the December 31st total of 937 shares. Based on an average daily trading volume, of 386 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 386 shares, the days-to-cover ratio is currently 1.0 days.

Carbios SAS Stock Performance

Shares of COOSF stock remained flat at $12.03 on Thursday. 57 shares of the stock traded hands, compared to its average volume of 378. The company’s fifty day moving average price is $12.92 and its 200-day moving average price is $10.94. Carbios SAS has a 1 year low of $5.37 and a 1 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.