Short Interest in Bonterra Energy Corp. (OTCMKTS:BNEFF) Decreases By 30.2%

Bonterra Energy Corp. (OTCMKTS:BNEFF) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 76,900 shares, a decrease of 30.2% from the August 31st total of 110,200 shares. Based on an average daily volume of 88,300 shares, the days-to-cover ratio is presently 0.9 days.

Bonterra Energy Stock Performance

Shares of BNEFF stock traded up $0.01 during mid-day trading on Friday, hitting $2.67. The stock had a trading volume of 18,050 shares, compared to its average volume of 14,429. Bonterra Energy has a fifty-two week low of $2.63 and a fifty-two week high of $5.76. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.51 and a quick ratio of 0.49. The company’s 50-day simple moving average is $3.14 and its 200-day simple moving average is $3.78. The firm has a market cap of $99.47 million, a PE ratio of 3.55 and a beta of 1.98.

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