Short Interest in Bon Natural Life Limited (NASDAQ:BON) Increases By 44.4%

Bon Natural Life Limited (NASDAQ:BON) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 46,581 shares, an increase of 44.4% from the December 31st total of 32,258 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average trading volume of 21,909 shares, the days-to-cover ratio is presently 2.1 days. Based on an average trading volume of 21,909 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.8% of the company’s stock are sold short.

Bon Natural Life Stock Up 1.2%

NASDAQ:BON opened at $1.67 on Friday. The business’s 50 day moving average is $1.72 and its two-hundred day moving average is $1.71. Bon Natural Life has a 52 week low of $1.14 and a 52 week high of $73.75.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Bon Natural Life in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Bon Natural Life Company Profile

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.