Carbon Streaming Corporation (OTCMKTS:OFSTF) Sees Large Growth in Short Interest

Carbon Streaming Corporation (OTCMKTS:OFSTF) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,976 shares, an increase of 482.9% from the June 30th total of 339 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 9,323 shares, the short-interest ratio is presently 0.2 days.

Carbon Streaming Price Performance

OTCMKTS OFSTF opened at $0.66 on Friday. The stock’s fifty day moving average price is $0.65 and its 200 day moving average price is $0.65. Carbon Streaming has a 1 year low of $0.42 and a 1 year high of $0.79.

Carbon Streaming (OTCMKTS:OFSTF) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.03 earnings per share for the quarter. Carbon Streaming had a negative return on equity of 0.17% and a negative net margin of 8,270.00%.

Carbon Streaming Company Profile

Carbon Streaming Corporation is a Vancouver, British Columbia–based company that specializes in providing upfront financing to carbon credit–generating projects worldwide. Founded in 2019, the company structures long?term carbon streaming agreements whereby it purchases a fixed portion of carbon credits produced by a given project in exchange for early capital support. These credits can then be sold to corporate and institutional buyers aiming to offset their greenhouse gas emissions.

The company’s portfolio spans a diverse array of nature?based and clean?energy initiatives.