Bonterra Energy Corp. (OTCMKTS:BNEFF) Short Interest Down 35.8% in March

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Bonterra Energy Corp. (OTCMKTS:BNEFF - Get Free Report) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 50,500 shares, a drop of 35.8% from the March 15th total of 78,700 shares. Based on an average daily trading volume, of 26,600 shares, the days-to-cover ratio is presently 1.9 days.

Bonterra Energy Stock Down 2.0 %

BNEFF traded down $0.10 during trading on Friday, hitting $4.80. The stock had a trading volume of 6,249 shares, compared to its average volume of 13,630. The company has a market capitalization of $178.85 million, a PE ratio of 5.39 and a beta of 2.04. Bonterra Energy has a twelve month low of $3.23 and a twelve month high of $5.76. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.63 and a current ratio of 0.65. The stock has a 50 day simple moving average of $4.16 and a two-hundred day simple moving average of $4.32.

Bonterra Energy (OTCMKTS:BNEFF - Get Free Report) last announced its earnings results on Thursday, March 7th. The company reported $0.29 earnings per share for the quarter. Bonterra Energy had a net margin of 14.06% and a return on equity of 8.85%. The company had revenue of $60.05 million during the quarter.

About Bonterra Energy

(Get Free Report)

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.

Further Reading

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