Bon Natural Life Limited (NASDAQ:BON) Short Interest Update

Bon Natural Life Limited (NASDAQ:BON) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 13,935 shares, a growth of 82.6% from the July 15th total of 7,633 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 9,970 shares, the days-to-cover ratio is currently 1.4 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Bon Natural Life in a report on Friday, June 26th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Bon Natural Life Price Performance

Bon Natural Life stock traded down $0.05 during mid-day trading on Friday, reaching $1.10. The company had a trading volume of 9,407 shares, compared to its average volume of 9,029. The company has a 50 day moving average of $1.18 and a 200-day moving average of $1.34. Bon Natural Life has a 52 week low of $1.05 and a 52 week high of $3.40.

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.