Carbios SAS (OTCMKTS:COOSF – Get Free Report) saw a large 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 trading volume, of 31 shares, the short-interest ratio is currently 0.8 days.
Carbios SAS Price Performance
Shares of COOSF stock remained flat at $6.25 on Friday. The company’s 50 day moving average is $6.68 and its two-hundred day moving average is $7.75. Carbios SAS has a twelve month low of $6.15 and a twelve month high of $17.50.
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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