Carbon Streaming Corporation (OTCMKTS:OFSTF) Sees Significant Decline in Short Interest

Carbon Streaming Corporation (OTCMKTS:OFSTF) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 199 shares, a drop of 64.5% from the April 30th total of 561 shares. Based on an average trading volume of 19,941 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Carbon Streaming Price Performance

OTCMKTS OFSTF traded down $0.04 during trading hours on Monday, hitting $0.65. The company’s stock had a trading volume of 13,488 shares, compared to its average volume of 11,366. Carbon Streaming has a 52 week low of $0.35 and a 52 week high of $0.79. The company’s 50-day simple moving average is $0.70 and its two-hundred day simple moving average is $0.64.

Carbon Streaming (OTCMKTS:OFSTF) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $999.00 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%.

About Carbon Streaming

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.