Carbon Streaming Corporation (OTCMKTS:OFSTF – Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 561 shares, a growth of 537.5% from the April 15th total of 88 shares. Based on an average trading volume of 15,046 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.
Carbon Streaming Stock Performance
Shares of Carbon Streaming stock remained flat at $0.70 during midday trading on Tuesday. 10,089 shares of the company traded hands, compared to its average volume of 10,769. The business has a 50-day moving average price of $0.68 and a two-hundred day moving average price of $0.62. The stock has a market capitalization of $34.34 million, a PE ratio of -14.00 and a beta of 0.66. Carbon Streaming has a 52-week low of $0.32 and a 52-week high of $0.79.
Carbon Streaming (OTCMKTS:OFSTF – Get Free Report) last released its earnings results on Monday, March 30th. The company reported ($0.02) earnings per share for the quarter. Carbon Streaming had a negative return on equity of 4.43% and a negative net margin of 8,270.00%.
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.
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