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 daily volume of 4,000 shares, the short-interest ratio is currently 0.6 days.

Bion Environmental Technologies Stock Performance

Shares of Bion Environmental Technologies stock remained flat at $0.22 during trading on Friday. The company had a trading volume of 23,600 shares, compared to its average volume of 14,740. Bion Environmental Technologies has a fifty-two week low of $0.15 and a fifty-two week high of $1.30. The stock has a 50 day moving average of $0.24 and a 200-day moving average of $0.32. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02. The firm 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 released 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.