Short Interest in Bonterra Energy Corp. (OTCMKTS:BNEFF) Grows By 28.0%

Bonterra Energy Corp. (OTCMKTS:BNEFF) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 71,300 shares, a growth of 28.0% from the May 31st total of 55,700 shares. Based on an average daily volume of 27,500 shares, the days-to-cover ratio is currently 2.6 days.

Bonterra Energy Stock Performance

OTCMKTS:BNEFF opened at $3.78 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.50 and a quick ratio of 0.49. The stock’s 50 day simple moving average is $3.95 and its two-hundred day simple moving average is $4.01. Bonterra Energy has a 1 year low of $3.23 and a 1 year high of $5.76. The company has a market cap of $141.22 million, a price-to-earnings ratio of 5.05 and a beta of 2.01.

Bonterra Energy (OTCMKTS:BNEFF) last released its earnings results on Tuesday, May 14th. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $44.20 million for the quarter. Bonterra Energy had a return on equity of 7.36% and a net margin of 12.63%.

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.