Carbon Streaming Corporation (OTCMKTS:OFSTF) Short Interest Up 482.9% in July

Carbon Streaming Corporation (OTCMKTS:OFSTF) saw a large increase in short interest in 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. Based on an average daily trading volume, of 9,323 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Carbon Streaming Price Performance

Shares of Carbon Streaming stock traded up $0.04 during mid-day trading on Friday, reaching $0.66. 3,078 shares of the stock traded hands, compared to its average volume of 3,365. The business has a 50-day moving average of $0.65 and a 200 day moving average of $0.65. Carbon Streaming has a fifty-two week low of $0.42 and a fifty-two week high of $0.79.

Carbon Streaming (OTCMKTS:OFSTF) last released its 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.