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

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

Bion Environmental Technologies Stock Performance

BNET stock traded down $0.04 during midday trading on Thursday, hitting $0.22. 214 shares of the stock traded hands, compared to its average volume of 18,444. The firm has a market cap of $12.62 million, a P/E ratio of -1.00 and a beta of -0.09. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.01 and a quick ratio of 0.01. The stock’s fifty day simple moving average is $0.24 and its 200-day simple moving average is $0.36. Bion Environmental Technologies has a 1-year low of $0.15 and a 1-year high of $1.30.

Bion Environmental Technologies (OTCMKTS:BNET) last released 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.