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

Carbon Streaming Corporation (OTCMKTS:OFSTF) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 199 shares, a decline of 64.5% from the April 30th total of 561 shares. Based on an average trading volume of 19,941 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Carbon Streaming Stock Performance

Shares of Carbon Streaming stock traded up $0.00 on Friday, hitting $0.69. 673 shares of the company traded hands, compared to its average volume of 5,890. The stock’s 50 day moving average price is $0.70 and its 200-day moving average price is $0.64. Carbon Streaming has a 52 week low of $0.35 and a 52 week high of $0.79.

Carbon Streaming (OTCMKTS:OFSTF) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $999.00 earnings per share for the quarter. Carbon Streaming had a negative net margin of 8,270.00% and a negative return on equity of 0.17%.

About Carbon Streaming

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.