Bonterra Energy Corp. (OTCMKTS:BNEFF) Short Interest Update

Bonterra Energy Corp. (OTCMKTS:BNEFF) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 110,200 shares, a growth of 16.6% from the August 15th total of 94,500 shares. Based on an average daily volume of 29,600 shares, the days-to-cover ratio is currently 3.7 days.

Bonterra Energy Stock Performance

Bonterra Energy stock traded down $0.05 during trading hours on Tuesday, reaching $2.77. 13,426 shares of the stock were exchanged, compared to its average volume of 14,413. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.49 and a current ratio of 0.51. Bonterra Energy has a 52-week low of $2.63 and a 52-week high of $5.76. The stock has a market cap of $103.39 million, a P/E ratio of 3.69 and a beta of 1.98. The firm’s 50 day moving average is $3.30 and its 200 day moving average is $3.87.

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

About Bonterra Energy

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.