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

Carbon Streaming Corporation (OTCMKTS:OFSTF) saw a significant 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. Based on an average daily volume of 9,323 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Carbon Streaming Price Performance

Shares of OTCMKTS:OFSTF opened at $0.66 on Friday. Carbon Streaming has a 12-month low of $0.42 and a 12-month high of $0.79. The business has a 50 day moving average of $0.65 and a two-hundred day moving average of $0.65.

Carbon Streaming (OTCMKTS:OFSTF) last posted its earnings results on Wednesday, May 13th. The company reported $0.03 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%.

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.