Base Carbon Inc. (OTCMKTS:BCBNF) Short Interest Update

Base Carbon Inc. (OTCMKTS:BCBNF) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 3,490 shares, an increase of ∞ from the June 30th total of 0 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 96,226 shares, the days-to-cover ratio is currently 0.0 days.

Base Carbon Stock Up 1.1%

OTCMKTS BCBNF opened at $0.43 on Wednesday. Base Carbon has a 12-month low of $0.35 and a 12-month high of $0.84. The company has a fifty day simple moving average of $0.48 and a two-hundred day simple moving average of $0.60.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Base Carbon to a “hold” rating in a report on Wednesday, June 10th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Base Carbon Company Profile

Base Carbon Inc, together with its subsidiaries, engages in the provision of capital, development expertise, and management operating resources to projects involved primarily in voluntary carbon markets and the broader environmental markets. It engages with corporations, sovereign entities, academic institutions, and carbon reduction project developers to produce and commercialize verified carbon credits. The company was formerly known as 1287411 B.C. Ltd. and changed its name to Base Carbon Inc in February 2022.