Carbios SAS (OTCMKTS:COOSF) Shares Shorted: Short Interest Down 96.5% in September

Carbios SAS (OTCMKTS:COOSF – Get Free Report) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 25 shares, a decline of 96.5% from the September 15th total of 714 shares. Based on an average daily volume of 31 shares, the days-to-cover ratio is presently 0.8 days.

Carbios SAS Stock Performance

COOSF remained flat at $6.25 on Friday. Carbios SAS has a 52-week low of $6.15 and a 52-week high of $17.50. The firm has a 50 day moving average of $6.68 and a 200-day moving average of $7.75.

Carbios SAS Company Profile

(Get Free Report)

Carbios SAS is a France-based biotechnology company that develops biological technologies for recycling plastic and textile waste. Founded in 2011, the company focuses on using engineered enzymes to break down difficult-to-recycle polymers into their basic building blocks, which can then be used to produce new materials with properties comparable to those made from virgin resources.

Its principal technology is an enzymatic process for recycling polyethylene terephthalate (PET), a plastic widely used in bottles, packaging and polyester textiles.

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