Bion Environmental Technologies Inc. (OTCMKTS:BNET) Sees Large Decrease in Short Interest

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

Bion Environmental Technologies Price Performance

Shares of BNET opened at $0.16 on Friday. The business’s 50-day moving average price is $0.19 and its 200 day moving average price is $0.21. Bion Environmental Technologies has a 1-year low of $0.08 and a 1-year high of $0.38.

Bion Environmental Technologies (OTCMKTS:BNET) last posted its quarterly earnings data 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.