Bon Natural Life Limited (NASDAQ:BON) Short Interest Update

Bon Natural Life Limited (NASDAQ:BON) was the recipient of a large growth in short interest in the month of 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. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 7,869 shares, the days-to-cover ratio is presently 3.0 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Bon Natural Life in a report on Friday, June 26th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Bon Natural Life Stock Up 3.5%

NASDAQ BON opened at $1.18 on Wednesday. Bon Natural Life has a 52 week low of $1.05 and a 52 week high of $3.40. The stock’s 50-day moving average price is $1.15 and its 200-day moving average price is $1.29.

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.