Short Interest in Carbon Streaming Co. (OTCMKTS:OFSTF) Declines By 97.4%

Carbon Streaming Co. (OTCMKTS:OFSTF) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decline of 97.4% from the October 15th total of 3,800 shares. Based on an average trading volume of 56,100 shares, the short-interest ratio is presently 0.0 days.

Carbon Streaming Stock Performance

Shares of Carbon Streaming stock traded down $0.01 during midday trading on Thursday, reaching $0.30. 620 shares of the company’s stock traded hands, compared to its average volume of 20,481. Carbon Streaming has a 52 week low of $0.28 and a 52 week high of $0.86. The company’s 50 day simple moving average is $0.39 and its 200 day simple moving average is $0.50. The company has a market cap of $15.76 million, a price-to-earnings ratio of -0.22 and a beta of -64.29.

Carbon Streaming (OTCMKTS:OFSTF) last posted its earnings results on Monday, August 12th. The company reported ($0.03) earnings per share for the quarter. The company had revenue of $0.05 million for the quarter. Carbon Streaming had a negative net margin of 3,890.26% and a negative return on equity of 7.11%.

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.