Short Interest in Bion Environmental Technologies Inc. (OTCMKTS:BNET) Declines By 24.5%

Bion Environmental Technologies Inc. (OTCMKTS:BNET) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 7,700 shares, a decline of 24.5% from the August 15th total of 10,200 shares. Based on an average trading volume of 8,500 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 8,500 shares, the days-to-cover ratio is presently 0.9 days.

Bion Environmental Technologies Price Performance

BNET opened at $0.20 on Friday. Bion Environmental Technologies has a fifty-two week low of $0.04 and a fifty-two week high of $0.30. The firm has a market capitalization of $11.48 million, a price-to-earnings ratio of -0.91 and a beta of 1.04. The company’s 50 day moving average price is $0.17 and its two-hundred day moving average price is $0.15.

About Bion Environmental Technologies

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.