Carbios SAS (OTCMKTS:COOSF) Sees Large Increase in Short Interest

Carbios SAS (OTCMKTS:COOSF) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 5,800 shares, an increase of 427.3% from the October 15th total of 1,100 shares. Based on an average daily trading volume, of 2,300 shares, the days-to-cover ratio is presently 2.5 days.

Carbios SAS Stock Performance

Shares of COOSF traded down $0.08 during mid-day trading on Wednesday, hitting $9.38. 210 shares of the company’s stock were exchanged, compared to its average volume of 614. Carbios SAS has a twelve month low of $9.38 and a twelve month high of $31.00. The firm has a fifty day moving average of $15.63 and a two-hundred day moving average of $20.74.

Carbios SAS Company Profile

Carbios SAS, a green chemistry company, researches and develops industrial bioprocesses for the biodegradation and bio recycling of polymers. The company engages in the production of EVANESTO, an enzymatic additive for plastic applications and polylactic acid (PLA) packaging; and enzymatic recycling of polyethylene terephthalate (PET).