Carbios SAS (OTCMKTS:COOSF – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 714 shares, a growth of 201.3% from the August 31st total of 237 shares. Based on an average trading volume of 110 shares, the days-to-cover ratio is currently 6.5 days.
Carbios SAS Price Performance
Carbios SAS stock remained flat at $6.41 during midday trading on Friday. Carbios SAS has a 1 year low of $6.15 and a 1 year high of $17.50. The company’s fifty day moving average is $6.85 and its two-hundred day moving average is $7.97.
Carbios SAS Company Profile
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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