Short Interest in Carbios SAS (OTCMKTS:COOSF) Declines By 70.0%

Carbios SAS (OTCMKTS:COOSF) was the recipient of a large 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 short-interest ratio is currently 1.5 days.

Carbios SAS Stock Performance

Shares of COOSF remained flat at $8.19 during mid-day trading on Friday. The stock had a trading volume of 49 shares, compared to its average volume of 862. The firm’s 50 day simple moving average is $6.75 and its 200-day simple moving average is $9.67. Carbios SAS has a 52 week low of $5.53 and a 52 week high of $29.00.

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).