Short Interest in Bion Environmental Technologies, Inc. (OTCMKTS:BNET) Expands By 37.5%

Bion Environmental Technologies, Inc. (OTCMKTS:BNET) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 2,200 shares, a growth of 37.5% from the October 31st total of 1,600 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is currently 0.6 days.

Bion Environmental Technologies Stock Performance

Shares of OTCMKTS BNET remained flat at $0.22 during trading on Friday. The stock had a trading volume of 23,600 shares, compared to its average volume of 14,740. Bion Environmental Technologies has a 12 month low of $0.15 and a 12 month high of $1.30. The business’s fifty day simple moving average is $0.24 and its 200-day simple moving average is $0.32. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $12.59 million, a PE ratio of -1.00 and a beta of -0.09.

Bion Environmental Technologies (OTCMKTS:BNET) last announced its quarterly earnings results on Monday, September 30th. The basic materials company reported ($0.18) EPS for the quarter.

About Bion Environmental Technologies

Bion Environmental Technologies, Inc develops patented and proprietary technology that provides waste treatment and resource recovery solutions for concentrated animal feeding operations (CAFOs) in the United States and internationally. The company offers Gen3Tech, a third-generation technology and business/technology platform, which remediates environmental problems and improve operational/resource efficiencies through recovering co-products from the CAFOs’ waste stream, including renewable energy, fertilizer products, and clean water.