Bonterra Energy Corp. (OTCMKTS:BNEFF) Short Interest Up 130.9% in October

Bonterra Energy Corp. (OTCMKTS:BNEFF) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 268,100 shares, an increase of 130.9% from the October 15th total of 116,100 shares. Based on an average daily volume of 26,000 shares, the short-interest ratio is presently 10.3 days.

Bonterra Energy Trading Up 0.4 %

OTCMKTS:BNEFF traded up $0.01 during trading hours on Thursday, hitting $2.32. 23,404 shares of the company were exchanged, compared to its average volume of 14,162. The company has a fifty day simple moving average of $2.67 and a 200 day simple moving average of $3.31. Bonterra Energy has a one year low of $2.22 and a one year high of $5.28. The company has a current ratio of 0.51, a quick ratio of 0.49 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $86.60 million, a price-to-earnings ratio of 4.38 and a beta of 2.00.

Bonterra Energy (OTCMKTS:BNEFF) last issued its earnings results on Tuesday, August 13th. The company reported $0.15 EPS for the quarter. Bonterra Energy had a return on equity of 5.12% and a net margin of 10.03%. The business had revenue of $45.42 million during the quarter.

About Bonterra Energy

Bonterra Energy Corp., a conventional oil and gas company, engages in the development and production of oil and natural gas in Canada. Its principal properties include Pembina Cardium, a conventional oil field, at the Pembina and Willesden green fields located in central Alberta; and holds 100% interest in the Montney properties that consist of approximately 28,880 acres located in the north of Grand Prairie, Alberta.