Base Carbon Inc. (OTCMKTS:BCBNF) Short Interest Up ∞ in August

Base Carbon Inc. (OTCMKTS:BCBNF) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 30,500 shares, a growth of ∞ from the July 30th total of 0 shares. Based on an average daily volume of 51,112 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Zacks Research raised Base Carbon to a “hold” rating in a report on Wednesday, June 10th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Base Carbon Price Performance

BCBNF stock opened at $0.48 on Friday. Base Carbon has a 52 week low of $0.35 and a 52 week high of $0.84. The company’s 50-day moving average price is $0.42 and its 200 day moving average price is $0.55.

Base Carbon (OTCMKTS:BCBNF) last issued its earnings results on Friday, August 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.02). On average, research analysts expect that Base Carbon will post 0.02 earnings per share for the current fiscal year.

Base Carbon Company Profile

Base Carbon Inc, together with its subsidiaries, engages in the provision of capital, development expertise, and management operating resources to projects involved primarily in voluntary carbon markets and the broader environmental markets. It engages with corporations, sovereign entities, academic institutions, and carbon reduction project developers to produce and commercialize verified carbon credits. The company was formerly known as 1287411 B.C. Ltd. and changed its name to Base Carbon Inc in February 2022.