Bon Natural Life Limited (NASDAQ:BON) Short Interest Up 82.6% in July

Bon Natural Life Limited (NASDAQ:BON) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 13,935 shares, an increase of 82.6% from the July 15th total of 7,633 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 9,970 shares, the short-interest ratio is currently 1.4 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed 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.com, the stock currently has a consensus rating of “Sell”.

Bon Natural Life Stock Down 4.3%

Bon Natural Life stock traded down $0.05 on Friday, reaching $1.10. 9,407 shares of the stock were exchanged, compared to its average volume of 9,029. Bon Natural Life has a twelve month low of $1.05 and a twelve month high of $3.40. The firm has a fifty day moving average price of $1.18 and a two-hundred day moving average price of $1.34.

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.