Bion Environmental Technologies Inc. (OTCMKTS:BNET) Stock Short Interest Report for October

Bion Environmental Technologies Inc. (OTCMKTS:BNET) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 33,378 shares, an increase of 1,036.1% from the September 30th total of 2,938 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 116,091 shares, the days-to-cover ratio is presently 0.3 days.

Bion Environmental Technologies Stock Up 25.0%

Shares of Bion Environmental Technologies stock traded up $0.05 on Monday, hitting $0.25. The stock had a trading volume of 25,500 shares, compared to its average volume of 27,758. Bion Environmental Technologies has a one year low of $0.08 and a one year high of $0.38. The stock has a market cap of $14.53 million, a price-to-earnings ratio of -6.25 and a beta of 0.79. The stock’s 50-day simple moving average is $0.18 and its two-hundred day simple moving average is $0.19.

Bion Environmental Technologies (OTCMKTS:BNET) last announced its quarterly earnings results on Tuesday, September 29th. The basic materials company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.05).

About Bion Environmental Technologies

Bion Environmental Technologies, Inc (OTCMKTS:BNET) develops environmental technologies for the livestock industry, with a focus on treating and managing waste from concentrated animal feeding operations. Its systems are designed to reduce the environmental impacts associated with livestock production while supporting the recovery of useful resources from animal waste.

The company’s technology platform is intended to capture and process nutrients, including nitrogen and phosphorus, and reduce ammonia emissions, odors, pathogens and other pollutants.