Short Interest in Carbon Streaming Co. (OTCMKTS:OFSTF) Rises By 1,400.0%

Carbon Streaming Co. (OTCMKTS:OFSTF) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totalling 3,000 shares, a growth of 1,400.0% from the July 15th total of 200 shares. Based on an average daily volume of 18,000 shares, the days-to-cover ratio is currently 0.2 days.

Carbon Streaming Stock Performance

OTCMKTS:OFSTF traded down $0.04 during mid-day trading on Tuesday, hitting $0.59. 47,505 shares of the company’s stock traded hands, compared to its average volume of 22,224. The company has a fifty day moving average of $0.67 and a 200 day moving average of $0.54. Carbon Streaming has a twelve month low of $0.35 and a twelve month high of $0.97. The company has a market capitalization of $30.73 million, a P/E ratio of -0.40 and a beta of -64.08.

Carbon Streaming (OTCMKTS:OFSTF) last posted its quarterly earnings results on Wednesday, May 15th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $0.49 million during the quarter. Carbon Streaming had a negative return on equity of 5.77% and a negative net margin of 4,304.96%.

Carbon Streaming Company Profile

Carbon Streaming Corporation a carbon credit streaming and royalty company focused on creating shareholder value primarily through the acquisition and sale of carbon credits. It provides capital to carbon projects globally, primarily by entering into or acquiring streaming, royalty or royalty-like arrangements for the purchase of carbon credits.