Short Interest in Bon Natural Life Limited (NASDAQ:BON) Expands By 44.4%

Bon Natural Life Limited (NASDAQ:BON) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 46,581 shares, a growth of 44.4% from the December 31st total of 32,258 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average trading volume of 21,909 shares, the short-interest ratio is currently 2.1 days. Based on an average trading volume of 21,909 shares, the short-interest ratio is currently 2.1 days. Currently, 0.8% of the shares of the stock are short sold.

Bon Natural Life Stock Performance

Bon Natural Life stock traded up $0.01 during trading hours on Monday, hitting $1.68. The stock had a trading volume of 9,192 shares, compared to its average volume of 20,609. The business’s 50 day simple moving average is $1.72 and its 200-day simple moving average is $1.71. Bon Natural Life has a one year low of $1.14 and a one year high of $73.75. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.74 and a quick ratio of 1.61.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Bon Natural Life in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Bon Natural Life currently has a consensus rating of “Sell”.

Bon Natural Life Company Profile

Bon Natural Life Limited, together with its subsidiaries, engages in the research and development, manufacture, and sale of functional active ingredients extracted from natural herb plants in the People’s Republic of China and internationally. The company provides personal care ingredients, such as plant extracted fragrance compounds to perfume and fragrance manufacturers; natural health supplements comprising powder drinks and bioactive food ingredient products primarily used as food additives; and nutritional supplements.