Short Interest in Carbon Streaming Corporation (OTCMKTS:OFSTF) Rises By 537.5%

Carbon Streaming Corporation (OTCMKTS:OFSTF) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 561 shares, a growth of 537.5% from the April 15th total of 88 shares. Based on an average daily volume of 15,046 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Carbon Streaming Stock Up 4.4%

Shares of Carbon Streaming stock traded up $0.03 during midday trading on Thursday, hitting $0.73. The company’s stock had a trading volume of 7,903 shares, compared to its average volume of 12,280. The stock has a 50-day simple moving average of $0.69 and a 200-day simple moving average of $0.63. The firm has a market capitalization of $35.81 million, a P/E ratio of -14.60 and a beta of 0.66. Carbon Streaming has a 1-year low of $0.32 and a 1-year high of $0.79.

Carbon Streaming (OTCMKTS:OFSTF) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $999.00 earnings per share (EPS) for the quarter. Carbon Streaming had a negative return on equity of 4.43% 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.