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

Carbon Streaming Corporation (OTCMKTS:OFSTF) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 967 shares. Based on an average daily volume of 4,528 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Carbon Streaming Price Performance

OTCMKTS OFSTF remained flat at $0.72 during trading hours on Wednesday. The business’s 50 day moving average price is $0.66 and its 200-day moving average price is $0.67. Carbon Streaming has a one year low of $0.47 and a one year high of $0.79. The company has a market capitalization of $35.45 million, a P/E ratio of -18.05 and a beta of 1.04.

Carbon Streaming (OTCMKTS:OFSTF) last issued its quarterly earnings data on Wednesday, August 12th. The company reported ($0.06) earnings per share for the quarter. Carbon Streaming had a negative return on equity of 7.83% and a negative net margin of 8,270.00%.

Carbon Streaming Company Profile

Carbon Streaming Corp. is a Canadian company focused on financing projects that generate carbon credits. Its business model is designed to provide project developers with upfront capital in exchange for the right to receive a portion of the carbon credits produced by eligible projects over time.

The company’s activities have centered on carbon-credit streaming and related investments in projects intended to reduce or remove greenhouse-gas emissions. Potential project types include reforestation, improved forest management, methane capture, clean cooking initiatives and other environmental projects that generate verified carbon credits.

Carbon Streaming has pursued opportunities across multiple international markets, including North America, Latin America, Africa and the Asia-Pacific region.