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

Bon Natural Life Limited (NASDAQ:BON) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 13,749 shares, a decrease of 77.9% from the November 30th total of 62,310 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 43,099 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 43,099 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

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

Bon Natural Life Stock Down 2.4%

Shares of NASDAQ:BON traded down $0.04 during trading on Friday, reaching $1.61. The company’s stock had a trading volume of 38,601 shares, compared to its average volume of 35,579. The firm’s 50 day simple moving average is $1.82 and its two-hundred day simple moving average is $1.67. The company has a quick ratio of 2.29, a current ratio of 2.44 and a debt-to-equity ratio of 0.01. Bon Natural Life has a 12 month low of $1.14 and a 12 month high of $73.75.

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.