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

Bion Environmental Technologies, Inc. (OTCMKTS:BNET) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 5,100 shares, an increase of 363.6% from the September 30th total of 1,100 shares. Based on an average daily volume of 11,400 shares, the short-interest ratio is currently 0.4 days.

Bion Environmental Technologies Trading Up 11.3 %

Bion Environmental Technologies stock traded up $0.03 during midday trading on Friday, reaching $0.27. The stock had a trading volume of 4,000 shares, compared to its average volume of 19,027. Bion Environmental Technologies has a twelve month low of $0.15 and a twelve month high of $1.30. The stock has a market capitalization of $15.32 million, a PE ratio of -5.35 and a beta of -0.09. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.01 and a current ratio of 0.01. The stock’s 50-day simple moving average is $0.23 and its 200 day simple moving average is $0.41.

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