Bion Environmental Technologies Inc. (OTCMKTS:BNET) Stock Short Interest Falls 68.0%

Bion Environmental Technologies Inc. (OTCMKTS:BNET) was the recipient of a large decrease in short interest in October. As of October 30th, there was short interest totaling 10,683 shares, a decrease of 68.0% from the October 15th total of 33,378 shares. Based on an average daily volume of 47,698 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Bion Environmental Technologies Stock Down 14.1%

Shares of BNET traded down $0.03 during mid-day trading on Friday, hitting $0.16. 300 shares of the company’s stock were exchanged, compared to its average volume of 23,937. Bion Environmental Technologies has a 52 week low of $0.08 and a 52 week high of $0.38. The stock’s 50-day simple moving average is $0.19 and its 200-day simple moving average is $0.21. The firm has a market cap of $9.42 million, a price-to-earnings ratio of -4.05 and a beta of 0.90.

Bion Environmental Technologies (OTCMKTS:BNET) last issued its quarterly earnings results on Friday, November 13th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter.

Bion Environmental Technologies Company Profile

Bion Environmental Technologies, Inc. develops and commercializes environmental technologies for the livestock and agricultural industries. Its core focus is the treatment and conversion of animal waste generated by concentrated animal feeding operations and other large-scale livestock facilities. The company’s proprietary systems are designed to manage manure and wastewater while reducing odors, ammonia emissions, pathogens, and greenhouse-gas emissions. The technology is also intended to recover useful resources, including renewable natural gas, concentrated fertilizer products, and other nutrients, helping support more sustainable livestock production.