Carbios SAS (OTCMKTS:COOSF – Get Free Report) was the target of a large increase in short interest in 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 daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Carbios SAS Price Performance
Shares of Carbios SAS stock remained flat at $6.25 during trading on Monday. Carbios SAS has a 12 month low of $6.15 and a 12 month 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.
About Carbios SAS
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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