Short Interest in Bonterra Energy Corp. (OTCMKTS:BNEFF) Drops By 14.3%

Bonterra Energy Corp. (OTCMKTS:BNEFF) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 43,300 shares, a decrease of 14.3% from the March 31st total of 50,500 shares. Based on an average daily volume of 30,000 shares, the days-to-cover ratio is presently 1.4 days.

Bonterra Energy Stock Down 5.8 %

Bonterra Energy stock traded down $0.27 during trading on Monday, hitting $4.31. 48,200 shares of the company were exchanged, compared to its average volume of 13,738. The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 0.23. The business’s 50 day moving average is $4.39 and its 200 day moving average is $4.26. Bonterra Energy has a 52 week low of $3.23 and a 52 week high of $5.76. The company has a market capitalization of $160.59 million, a P/E ratio of 4.84 and a beta of 2.03.

Bonterra Energy (OTCMKTS:BNEFF) last announced its earnings results on Thursday, March 7th. The company reported $0.29 EPS for the quarter. Bonterra Energy had a net margin of 14.06% and a return on equity of 8.85%. The company had revenue of $60.05 million during the quarter.

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.