Carbios SAS (OTCMKTS:COOSF) Sees Significant Decline in Short Interest

Carbios SAS (OTCMKTS:COOSF) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 300 shares, a decline of 70.0% from the February 28th total of 1,000 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 1.5 days.

Carbios SAS Stock Performance

Shares of OTCMKTS COOSF opened at $8.19 on Thursday. Carbios SAS has a 52 week low of $5.53 and a 52 week high of $29.00. The business’s 50 day moving average price is $6.70 and its 200 day moving average price is $9.79.

About Carbios SAS

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).