Short Interest in Bon Natural Life Limited (NASDAQ:BON) Expands By 68.7%

Bon Natural Life Limited (NASDAQ:BON) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 23,506 shares, a growth of 68.7% from the July 30th total of 13,935 shares. Based on an average daily trading volume, of 7,869 shares, the short-interest ratio is presently 3.0 days. Approximately 0.4% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Bon Natural Life in a research report on Friday, June 26th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Bon Natural Life Stock Performance

NASDAQ:BON traded down $0.00 during trading hours on Monday, reaching $1.14. The stock had a trading volume of 749 shares, compared to its average volume of 32,225. Bon Natural Life has a 52 week low of $1.05 and a 52 week high of $3.40. The company has a 50 day moving average price of $1.15 and a two-hundred day moving average price of $1.30.

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.