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

Bon Natural Life Limited (NASDAQ:BON) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 24,600 shares, a decline of 52.0% from the August 15th total of 51,300 shares. Based on an average daily trading volume, of 1,480,000 shares, the short-interest ratio is presently 0.0 days. Currently, 20.0% of the shares of the company are sold short. Currently, 20.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,480,000 shares, the short-interest ratio is presently 0.0 days.

Bon Natural Life Stock Up 4.9%

Bon Natural Life stock opened at $1.91 on Friday. The firm has a 50 day simple moving average of $1.44. Bon Natural Life has a 1-year low of $1.14 and a 1-year high of $73.75.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of Bon Natural Life from a “hold” rating to a “sell” rating in a research note on Friday, June 6th.

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.