What Next for BION ENVIROMTL TECHS (OTCMKTS:BNET) Stock After Increase in Shorted Shares?

September 17, 2017 - By Dolores Ford

The stock of BION ENVIROMTL TECHS (OTCMKTS:BNET) registered an increase of 12.5% in short interest. BNET’s total short interest was 2,700 shares in September as published by FINRA. Its up 12.5% from 2,400 shares, reported previously. With 31,200 shares average volume, it will take short sellers 0 days to cover their BNET’s short positions.

The stock increased 1.00% or $0.007 on September 15, reaching $0.707. About 1,500 shares traded. Bion Environmental Technologies, Inc. (OTCMKTS:BNET) has 0.00% since September 17, 2016 and is . It has underperformed by 16.70% the S&P500.

Bion Environmental Technologies, Inc. provides environmental solutions to Concentrated Animal Feeding Operations . The company has market cap of $16.79 million. The Company’s technology reduces excess nutrients from CAFO waste that fuel toxic algae blooms and dead zones in the Chesapeake Bay, Gulf of Mexico and the Great Lakes. It currently has negative earnings. The Company’s second generation technology (2G Tech) platform provides onsite livestock waste treatment for wet (beef/dairy/swine) waste streams.

More recent Bion Environmental Technologies, Inc. (OTCMKTS:BNET) news were published by: Marketwatch.com which released: “0.707” on April 22, 2011. Also Prnewswire.com published the news titled: “Pennsylvania Legislation Introduced to Implement Competitive Procurement for …” on June 29, 2017. Investingnews.com‘s news article titled: “Axine Water Technologies Closes $8 million Series B Funding Round” with publication date: September 15, 2016 was also an interesting one.

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