Short Interest in Bion Environmental Technologies, Inc. (OTCMKTS:BNET) Declines By 14.3%

Bion Environmental Technologies, Inc. (OTCMKTS:BNET) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totalling 1,200 shares, a drop of 14.3% from the August 31st total of 1,400 shares. Based on an average trading volume of 11,900 shares, the days-to-cover ratio is currently 0.1 days.

Bion Environmental Technologies Stock Performance

OTCMKTS:BNET traded up $0.00 during trading hours on Friday, hitting $0.20. 77,309 shares of the company were exchanged, compared to its average volume of 20,135. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.04 and a quick ratio of 0.04. Bion Environmental Technologies has a 52-week low of $0.15 and a 52-week high of $1.30. The stock has a market capitalization of $11.45 million, a price-to-earnings ratio of -4.00 and a beta of -0.08. The company’s 50 day moving average price is $0.24 and its 200-day moving average price is $0.50.

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.