Bon Natural Life Limited (NASDAQ:BON) Sees Large Decline in Short Interest

Bon Natural Life Limited (NASDAQ:BON) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 18,352 shares, a decrease of 41.0% from the April 15th total of 31,093 shares. Based on an average daily volume of 9,146 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.3% of the shares of the company are short sold.

Bon Natural Life Trading Down 0.8%

NASDAQ BON opened at $1.29 on Tuesday. The company has a 50-day moving average price of $1.33 and a 200-day moving average price of $1.58. The company has a quick ratio of 1.61, a current ratio of 1.74 and a debt-to-equity ratio of 0.01. Bon Natural Life has a 52 week low of $1.13 and a 52 week high of $3.40.

About Bon Natural Life

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.