Bonterra Energy Corp. (OTCMKTS:BNEFF) Sees Significant Increase in Short Interest

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

Bonterra Energy Trading Down 1.8 %

Shares of BNEFF stock traded down $0.05 on Tuesday, hitting $2.77. The stock had a trading volume of 13,426 shares, compared to its average volume of 14,413. The firm has a market capitalization of $103.39 million, a P/E ratio of 3.69 and a beta of 1.98. 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 moving average price is $3.30 and its 200-day moving average price is $3.87. Bonterra Energy has a 1 year low of $2.63 and a 1 year high of $5.76.

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.