Short Interest in Carbon Streaming Co. (OTCMKTS:OFSTF) Grows By 2,130.0%

Carbon Streaming Co. (OTCMKTS:OFSTFGet Rating) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totalling 22,300 shares, a growth of 2,130.0% from the April 30th total of 1,000 shares. Based on an average daily trading volume, of 87,800 shares, the days-to-cover ratio is presently 0.3 days.

OTCMKTS:OFSTF traded down $0.02 during trading on Wednesday, reaching $3.21. The company’s stock had a trading volume of 43,658 shares, compared to its average volume of 38,497. The company has a market capitalization of $150.05 million, a PE ratio of -1.25 and a beta of -129.89. Carbon Streaming has a 12 month low of $3.01 and a 12 month high of $27.50.

Separately, Raymond James decreased their price target on Carbon Streaming from C$17.50 to C$15.50 in a report on Wednesday, May 18th.

About Carbon Streaming (Get Rating)

Carbon Streaming Corporation operates as an environmental, social, and governance principled investment vehicle that provides investors with exposure to carbon credits. The company focuses on acquiring, managing, and growing a diversified portfolio of investments in projects and/or companies that generate or are actively involved, directly, or indirectly with voluntary and/or compliance carbon credits.

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