Carbon Streaming Co. (OTCMKTS:OFSTF) Short Interest Down 97.4% in October

Carbon Streaming Co. (OTCMKTS:OFSTF) was the target of a large decline in short interest in the month of 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 daily volume of 56,100 shares, the short-interest ratio is currently 0.0 days.

Carbon Streaming Stock Performance

OTCMKTS OFSTF traded down $0.01 on Thursday, reaching $0.30. The company’s stock had a trading volume of 620 shares, compared to its average volume of 20,481. The firm’s 50 day moving average is $0.39 and its two-hundred day moving average is $0.50. The stock has a market cap of $15.76 million, a PE ratio of -0.22 and a beta of -64.29. Carbon Streaming has a twelve month low of $0.28 and a twelve month high of $0.86.

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

About Carbon Streaming

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.