What is BTE's dilution risk score?

BTE has a latest available DilutionScore record of 18/100, categorized as low dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for BTE, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for BTE?

DilutionWatch tracks 25 SEC filing types for BTE including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect BTE shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For BTE, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for BTE tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for BTE. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

BTE Dilution Risk Score: 18/100 (LOW)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

☀️

Clear

No significant dilution signals

model est. 0%

No significant dilution signals detected for BTE.

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Market Data

Market Cap$3.73B

Shares Outstanding765.57M

Float669.81M

Cash$549.38M

Debt$105.70M

Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

Field	Current Value	Basis
DilutionScore	18/100	DilutionWatch score record
Shares Outstanding	765.57M	Verified float table or market cache
Public Float	669.81M	Verified float table or market cache
Market Cap	$3.73B	Market data cache
Cash Runway	Not available	DilutionWatch score inputs
Shelf Capacity	None in current score inputs	SEC-derived dilution fields
ATM Capacity	None in current score inputs	SEC-derived dilution fields
Outstanding Warrants	None in current score inputs	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 0.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↓ 61.4% shares (2026Q1 vs prior)

179 institutional holders · 405.84M shares

#1 Juniper Capital Advisors, L.P. 49.70M shares

#2 Connor, Clark & Lunn Investment Management Ltd. 39.83M shares

#3 VANGUARD CAPITAL MANAGEMENT LLC 39.49M shares

+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest22.28M

Days to Cover1.2

% of Float3.3%

FINRA data as of Sep 30, 2026

Recent SEC Activity

No recent SEC insights

Recent News

No recent news available for this ticker.

DilutionScore History — Last 90 Days

BTE's DilutionScore has held steady at 18/100 (Low risk) for 89 consecutive days across the tracked period.

Period	Score	Risk Level	Duration
Jul 16 – Oct 13, 2026	18/100	LOW	89 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

BTE shares outstanding have decreased 5.8% from 768.32M (Mar 2026) to 723.40M (May 2026). Each increase represents potential dilution to existing shareholders.

Date	Shares Outstanding	Public Float	Change
May 22, 2026	723.40M	669.81M	▲ 0.21%
May 18, 2026	723.40M	668.41M	▲ 3.80%
May 16, 2026	723.40M	643.93M	▼ 0.16%
May 12, 2026	723.40M	644.99M	▼ 5.51%
Apr 13, 2026	738.32M	682.59M	▼ 0.51%
Mar 23, 2026	738.32M	686.20M	▼ 0.02%
Mar 09, 2026	768.32M	686.43M	▼ 0.04%
Mar 08, 2026	768.32M	686.71M	▼ 0.47%
Mar 05, 2026	768.32M	689.95M	▲ 0.11%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

Track BTE Dilution Risk in Real-Time

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