Bonterra Energy Corp. (OTCMKTS:BNEFF) Sees Large Growth in Short Interest

Bonterra Energy Corp. (OTCMKTS:BNEFF) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 387,200 shares, an increase of 44.4% from the October 31st total of 268,100 shares. Based on an average daily trading volume, of 24,400 shares, the days-to-cover ratio is presently 15.9 days.

Bonterra Energy Trading Down 0.8 %

Shares of BNEFF traded down $0.02 during mid-day trading on Friday, reaching $2.40. The stock had a trading volume of 1,400 shares, compared to its average volume of 12,079. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.51 and a quick ratio of 0.49. The firm has a market cap of $89.59 million, a price-to-earnings ratio of 4.53 and a beta of 2.00. The business’s fifty day moving average is $2.59 and its 200 day moving average is $3.17. Bonterra Energy has a 52-week low of $2.22 and a 52-week high of $5.28.

About Bonterra Energy

Bonterra Energy Corp., a conventional oil and gas company, engages in the development and production of oil and natural gas in Canada. Its principal properties include Pembina Cardium, a conventional oil field, at the Pembina and Willesden green fields located in central Alberta; and holds 100% interest in the Montney properties that consist of approximately 28,880 acres located in the north of Grand Prairie, Alberta.