Bonterra Energy Corp. (OTCMKTS:BNEFF) Short Interest Up 130.9% in October

Bonterra Energy Corp. (OTCMKTS:BNEFF) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 268,100 shares, a growth of 130.9% from the October 15th total of 116,100 shares. Based on an average trading volume of 26,000 shares, the days-to-cover ratio is currently 10.3 days.

Bonterra Energy Stock Up 0.4 %

OTCMKTS:BNEFF traded up $0.01 on Thursday, hitting $2.32. 23,404 shares of the company’s stock were exchanged, compared to its average volume of 14,162. The firm has a 50-day moving average price of $2.67 and a 200-day moving average price of $3.31. The company has a market cap of $86.60 million, a P/E ratio of 4.38 and a beta of 2.00. Bonterra Energy has a 52 week low of $2.22 and a 52 week high of $5.28. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.51 and a quick ratio of 0.49.

Bonterra Energy (OTCMKTS:BNEFF) last released its quarterly earnings data on Tuesday, August 13th. The company reported $0.15 earnings per share for the quarter. Bonterra Energy had a return on equity of 5.12% and a net margin of 10.03%. The company 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.