Bon Natural Life Limited (NASDAQ:BON) Short Interest Down 33.5% in January

Bon Natural Life Limited (NASDAQ:BON) was the target of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 30,993 shares, a drop of 33.5% from the January 15th total of 46,581 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 19,890 shares, the days-to-cover ratio is currently 1.6 days. Based on an average daily trading volume, of 19,890 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.5% of the company’s stock are sold short.

Bon Natural Life Stock Performance

BON opened at $1.64 on Monday. The firm’s 50 day moving average is $1.68 and its 200-day moving average is $1.73. Bon Natural Life has a 52-week low of $1.14 and a 52-week high of $73.75. The company has a current ratio of 1.74, a quick ratio of 1.61 and a debt-to-equity ratio of 0.01.

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.