Bon Natural Life Limited (NASDAQ:BON) Short Interest Down 55.4% in May

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

Bon Natural Life Trading Down 2.3%

Shares of Bon Natural Life stock traded down $0.03 on Monday, reaching $1.32. The company had a trading volume of 24,475 shares, compared to its average volume of 43,353. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.74 and a quick ratio of 1.61. The firm’s 50-day moving average price is $1.29 and its two-hundred day moving average price is $1.51. Bon Natural Life has a 1 year low of $1.13 and a 1 year 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.