Short Interest in Bonterra Energy Corp. (OTCMKTS:BNEFF) Drops By 15.7%

Bonterra Energy Corp. (OTCMKTS:BNEFF) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 116,100 shares, a drop of 15.7% from the September 30th total of 137,800 shares. Based on an average daily volume of 22,000 shares, the short-interest ratio is presently 5.3 days.

Bonterra Energy Stock Performance

Shares of BNEFF stock opened at $2.51 on Wednesday. The company has a market capitalization of $93.69 million, a P/E ratio of 3.35 and a beta of 1.97. Bonterra Energy has a 12-month low of $2.31 and a 12-month high of $5.28. The business’s 50 day moving average is $2.85 and its two-hundred day moving average is $3.47. The company has a current ratio of 0.51, a quick ratio of 0.49 and a debt-to-equity ratio of 0.26.

Bonterra Energy (OTCMKTS:BNEFF) last issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.15 EPS for the quarter. Bonterra Energy had a net margin of 12.69% and a return on equity of 6.94%. The company had revenue of $45.42 million during the quarter.

Bonterra Energy Company Profile

Bonterra Energy Corp., a conventional oil and gas company, engages in the development and production of oil and natural gas in Canada. Its principal properties include Pembina Cardium, a conventional oil field, at the Pembina and Willesden green fields located in central Alberta; and holds 100% interest in the Montney properties that consist of approximately 28,880 acres located in the north of Grand Prairie, Alberta.