Short Interest Reporting: BION ENVIROMTL TECHS (OTCMKTS:BNET) Shorts Decreased by 18.42% After Short Covering

November 28, 2016 - By Vivian Park   ·   0 Comments

Short Interest Reporting: BION ENVIROMTL TECHS (OTCMKTS:BNET) Shorts Decreased by 18.42% After Short Covering

The stock of BION ENVIROMTL TECHS (OTCMKTS:BNET) registered a decrease of 18.42% in short interest. BNET’s total short interest was 3,100 shares in November as published by FINRA. Its down 18.42% from 3,800 shares, reported previously. With 19,100 shares average volume, it will take short sellers 0 days to cover their BNET’s short positions. The stock decreased 2.26% or $0.021 on November 25, hitting $0.91. About 1,155 shares traded hands. Bion Environmental Technologies, Inc. (OTCMKTS:BNET) has risen 1.11% since April 25, 2016 and is uptrending. It has underperformed by 4.90% the S&P500.

Bion Environmental Technologies, Inc. provides environmental solutions to Concentrated Animal Feeding Operations . The company has a market cap of $21.47 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.

BNET Company Profile

Bion Environmental Technologies, Inc., incorporated on December 31, 1987, provides environmental solutions to Concentrated Animal Feeding Operations (CAFO’s). 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. The Company’s second generation technology (2G Tech) platform provides onsite livestock waste treatment for wet (beef/dairy/swine) waste streams. The Firm has worked on development of its third generation technology (3G Tech), which is designed to treat dry (poultry) waste streams, as well as wet waste streams (dairy/beef cattle/swine).

More notable recent Bion Environmental Technologies, Inc. (OTCMKTS:BNET) news were published by: Investingnews.com which released: “Bion Environmental Technologies Inc.” on August 27, 2015, also Prnewswire.com with their article: “Bion Anticipates Improved Post-Election Opportunities for Market-Driven …” published on November 16, 2016, Investingnews.com published: “New Procurement Strategy Set to Meet Chesapeake Bay Mandates” on November 02, 2016. More interesting news about Bion Environmental Technologies, Inc. (OTCMKTS:BNET) were released by: Prnewswire.com and their article: “Legislation Introduced in Pennsylvania House and Senate to Implement …” published on October 31, 2016 as well as Prnewswire.com‘s news article titled: “Major U.S. Livestock Producers Join Bion to Support Market-Driven Chesapeake …” with publication date: June 30, 2015.

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By Vivian Park


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