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

Bion Environmental Technologies, Inc. (OTCMKTS:BNET) was the target of a large drop in short interest in November. As of November 30th, there was short interest totalling 1,500 shares, a drop of 31.8% from the November 15th total of 2,200 shares. Based on an average trading volume of 58,500 shares, the short-interest ratio is currently 0.0 days.

Bion Environmental Technologies Stock Performance

OTCMKTS BNET traded up $0.01 during trading hours on Friday, hitting $0.23. The company had a trading volume of 31,535 shares, compared to its average volume of 19,681. The business has a 50 day moving average of $0.24 and a 200-day moving average of $0.30. The company has a market cap of $12.88 million, a PE ratio of -1.02 and a beta of -0.12. Bion Environmental Technologies has a 1-year low of $0.15 and a 1-year high of $1.30. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.02 and a current ratio of 0.02.

Bion Environmental Technologies (OTCMKTS:BNET) last issued its quarterly earnings data on Monday, September 30th. The basic materials company reported ($0.18) earnings per share 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.