Bon Natural Life Limited (NASDAQ:BON) Sees Significant Drop in Short Interest

Bon Natural Life Limited (NASDAQ:BON) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 12,398 shares, a decrease of 55.4% from the May 14th total of 27,788 shares. Based on an average trading volume of 12,225 shares, the short-interest ratio is presently 1.0 days. Approximately 0.2% of the shares of the company are short sold.

Bon Natural Life Trading Down 8.8%

Shares of Bon Natural Life stock traded down $0.13 on Friday, reaching $1.35. 40,543 shares of the company traded hands, compared to its average volume of 26,116. Bon Natural Life has a 52 week low of $1.13 and a 52 week high of $3.40. The company has a 50 day moving average of $1.29 and a 200 day moving average of $1.51. The company has a quick ratio of 1.61, a current ratio of 1.74 and a debt-to-equity ratio of 0.01.

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.