Bion Environmental Technologies, Inc. (OTCMKTS:BNET) Sees Significant Decrease in Short Interest

Bion Environmental Technologies, Inc. (OTCMKTS:BNET) saw a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 1,600 shares, a decline of 68.6% from the October 15th total of 5,100 shares. Based on an average trading volume of 11,100 shares, the short-interest ratio is presently 0.1 days.

Bion Environmental Technologies Price Performance

OTCMKTS BNET traded down $0.04 on Thursday, reaching $0.22. The company had a trading volume of 214 shares, compared to its average volume of 18,444. Bion Environmental Technologies has a 12 month low of $0.15 and a 12 month high of $1.30. The firm’s 50 day moving average price is $0.24 and its 200 day moving average price is $0.36. The company has a quick ratio of 0.01, a current ratio of 0.01 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $12.62 million, a PE ratio of -1.00 and a beta of -0.09.

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

Bion Environmental Technologies Company Profile

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.