Bion Environmental Technologies Inc. (OTCMKTS:BNET) Sees Large Increase in Short Interest

Bion Environmental Technologies Inc. (OTCMKTS:BNET) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 2,938 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 56,011 shares, the days-to-cover ratio is presently 0.1 days.

Bion Environmental Technologies Price Performance

BNET stock traded up $0.01 during mid-day trading on Thursday, reaching $0.18. 25,620 shares of the company’s stock were exchanged, compared to its average volume of 27,435. The company has a market cap of $10.46 million, a price-to-earnings ratio of -4.50 and a beta of 0.79. The stock’s 50 day moving average is $0.17 and its 200 day moving average is $0.19. Bion Environmental Technologies has a 12-month low of $0.08 and a 12-month high of $0.38.

Bion Environmental Technologies (OTCMKTS:BNET) last issued its quarterly earnings data on Tuesday, September 29th. The basic materials company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.05).

Bion Environmental Technologies Company Profile

Bion Environmental Technologies, Inc (OTCMKTS:BNET) develops environmental technologies for the livestock industry, with a focus on treating and managing waste from concentrated animal feeding operations. Its systems are designed to reduce the environmental impacts associated with livestock production while supporting the recovery of useful resources from animal waste.

The company’s technology platform is intended to capture and process nutrients, including nitrogen and phosphorus, and reduce ammonia emissions, odors, pathogens and other pollutants.