Short Interest in Carbios SAS (OTCMKTS:COOSF) Grows By 138.9%

Carbios SAS (OTCMKTS:COOSF) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 344 shares, a growth of 138.9% from the February 26th total of 144 shares. Based on an average daily volume of 212 shares, the days-to-cover ratio is currently 1.6 days.

Carbios SAS Stock Performance

Shares of OTCMKTS:COOSF opened at $9.00 on Friday. The stock’s 50-day moving average is $10.94 and its 200 day moving average is $11.05. Carbios SAS has a 1 year low of $5.37 and a 1 year high of $17.50.

Carbios SAS Company Profile

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.